Located just minutes from downtown Colorado Springs, this property offers a flexible layout well-suited for income-producing use or owner-occupant investment. The home includes 3 bedrooms, 2 bathrooms, and a total of 2,149 square feet, with an upper level that features a second kitchen and separate access—allowing it to function as an independent living space. Previously utilized as an income property, the layout supports a potential two-unit configuration with minimal modification, offering options for flexible term rental, multi-generational living, or partial owner occupancy. Major system improvements have already been completed, including new air conditioning, furnace, and water heater, updated electrical panel, new PEX supply lines, and a replaced sewer line to the city main. Additional features include dedicated off-street parking, a backyard with patio and fire pit area, and close proximity to the downtown core and the revitalized south end, supporting strong rental appeal. Don't miss the opportunity to acquire a centrally located property with built-in flexibility and multiple income strategies.
Listed By
Agency Name: Walston Group Real Estate Inc
Agency Phone: 719-477-1410
Shown By
Agent Name: Stephanie Sholes
Agent Phone: (719) 930-1908
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 2,268.72 per month $2,044.18 Principal & Interest $103.50 Property Tax $121.04 Homeowner's Insurance
312 E Cimarron Street | MLS# 6437616
This multi-family property located at 312 E Cimarron Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $415,000. Search Colorado Springs real estate on ssholes.thecuttingedgerealtors.com today.