519 N Chestnut St, Colorado Springs, CO 80905

Property Description

Turn-key, fully furnished West Side home with tons of investment potential next to Old Colorado City area! Boasting a strong history of short and long term rental income, this versatile property offers a prime opportunity to live in one home and rent the additional living quarters. The main home is 636sf and still boasts its original log pillars along with some modern comforts. It includes 1 bedroom, 1 full bathroom a full kitchen and a comfortable and cozy living area with a breakfast bar. It has its own private patio with a propane grill and seating area. Across the large concrete patio you will find an additional living space of roughly 550sf of living space fully equipped with a kitchenette, mini-split heating/AC, stackable w/d, King bed and full bathroom. The walk out private patio is enclosed by a small fence, creating a separate and private space. The 9,000 SF lot is tucked away with only alley access and provides many options for short-term rental, long term, living or a combination of any. Upgrades are underway, including paint, refinishing the deck, and some landscaping. Prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, I-25, and Highway 24.