111 W Fountain Boulevard, Colorado Springs, CO

$449,900

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0.08

Acres

About 111 W Fountain Boulevard

Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.

Features of 111 W Fountain Boulevard

MLS® # 3559371
Price $449,900
Acres 0.08
Year Built 1898
Type Income
Sub-Type Multi Family
Status Active

Community Information

Address 111 W Fountain Boulevard
Area Colorado Springs
Subdivision Colorado Springs
City Colorado Springs
County El Paso
State CO
Zip Code 80903

Amenities

Utilities See Prop Desc Remarks
Has Pool No

Interior

Appliances Oven, Refrigerator
Heating Baseboard, Electric, Natural Gas
Cooling None
Fireplace No
Has Basement No

School Information

District Colorado Springs 11

Additional Information

Short Sale No
RE / Bank Owned No
Financing Available Cash, Conventional

Listing Details

OfficeBuy Smart Colorado
Contact Info719-310-8464

Listing Map

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