2711 E Monument St, Colorado Springs, CO 80909

Property Description

Investor Special with Strong Upside | 3 Bed Ranch on Large Lot | Alley Access & Multiple Outbuildings Opportunity knocks! This 3-bedroom, 1-bath ranch offers a rare chance to bring your vision to life and build equity in an established Colorado Springs neighborhood. The property has already undergone initial clean-out and prep, with damaged materials removed and walls patched—giving you a head start on renovation. The home is ready for cosmetic updates including paint, flooring, and landscaping, making it an ideal project for investors, flippers, or buyers looking to customize their own home. New carpet and new paint is all this house needs in order to be made into a home. The lot is a standout feature, offering a fully fenced front and backyard, alley access, and ample off-street parking with room for multiple vehicles, trailers, or recreational equipment. The backyard includes a 12x12 cedar deck, extensive paver patio space, multiple storage sheds; two have electrical hook-ups, one with its own breaker box, and window AC unit. There is a an established garden areas ready to be revived. There is a programmable sprinkler system which is fully operable. This lot is also zoned to be Multi-Dwelling Eligible. Inside, the functional ranch layout includes three bedrooms, a spacious living area with a gas fireplace, and existing features such as ceiling fans and included window A/C units. French doors lead to the backyard, providing great indoor-outdoor potential. Located just minutes from parks, shopping, and major corridors, this property offers convenience along with value-add potential. Bring your vision and unlock the possibilities—whether you're renovating to resell, rent, or create your own home.