2511 W Colorado Avenue

    Colorado Springs, CO 80904
    • $650,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: 7596691
    UPDATED: 41 min ago
    $650,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:
    Listing provided courtesy of Re/Max Real Estate Group Llc.

    Description

    Opportunity to purchase an income producing property and a piece of Colorado history located in the heart of Old Colorado City! The property consists of a large retail space on the main level and two one bd/1 ba units on the upper level. All tenants in place and leases through 2020. New rubber polymer roof put on in 2014. The retail unit has A/C. NE upper unit has Colorado Ave. views & SW unit has outdoor patio & mountain views. The units are accessible from streetside entrance or the back entrance with designated parking. Property was built originally as a saloon in the late 1800's and during prohibition became a barber shop. Property has a basement area that has an entrance to a tunnel utilized during prohibition time that was part of a larger tunnel system underground in the area. Also, visible at the top of the staircase entrance to the apartment units is a "prohibition window" that occupants could see visitors but visitors could not see occupants. Property could be used for vacation rentals in the future!

    Monthly Payment Calculator



    The Daniels Team - RE/MAX Millennium- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2019-08-25T09:40:49.62.
    www.danielsteam.com/homes/94013394

    2511 W Colorado Avenue Colorado Springs, CO 80904

    • Price: $650,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: 7596691
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1900
    Built
    Neighborhood:
    Old Colorado City
    County:
    El Paso
    Area:
    Colorado Springs
    School District:
    Colorado Springs
    Property Description
    Opportunity to purchase an income producing property and a piece of Colorado history located in the heart of Old Colorado City! The property consists of a large retail space on the main level and two one bd/1 ba units on the upper level. All tenants in place and leases through 2020. New rubber polymer roof put on in 2014. The retail unit has A/C. NE upper unit has Colorado Ave. views & SW unit has outdoor patio & mountain views. The units are accessible from streetside entrance or the back entrance with designated parking. Property was built originally as a saloon in the late 1800's and during prohibition became a barber shop. Property has a basement area that has an entrance to a tunnel utilized during prohibition time that was part of a larger tunnel system underground in the area. Also, visible at the top of the staircase entrance to the apartment units is a "prohibition window" that occupants could see visitors but visitors could not see occupants. Property could be used for vacation rentals in the future!
    Exterior Features

    Fence None Foundation Details Partial Basement Lot Size 3600.0000 Lot Size Units Sqft Roof Other Structure Wood Frame

    Interior Features

    Appliances Range OvenRefrigerator Heat Air Natural Gas Laundry Facilities None

    Property Features

    Earnest Money 6500 Income Property Sub Type Mix Use Notices Established Rental History Tax Amount 4794.00 Tax Year 2018 Unit Count 3 Utilities ElectricityNatural Gas Water Municipal



    The Daniels Team - RE/MAX Millennium- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2019-08-25T09:40:49.62.
     
    The Daniels Team - RE/MAX Millennium
    9362 Grand Cordera Pkwy, Suite 100
    Colorado Springs CO, 80924
    Listing provided courtesy of Re/Max Real Estate Group Llc.