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 rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home still has some original touches such as interior log pillars along with some modern comforts added. 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, turf yard with a propane grill and a seating area. Across the large concrete patio you will find an additional living space (unit B) of roughly 550sf fully equipped with a kitchenette, mini-split heating/AC, stackable w/d, King bed and full bathroom. The walk-out private stamped concrete patio is enclosed with a small fence, creating a separate and private space. The entire 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. Some upgrades are still 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.