Jennie Lee
BEDS5
BATHS3
SQUARE FEET2,080
MLS#5768968
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDe Marche Terre
SCHOOLColorado Springs 11
Listing Courtesy of:
LIV Sotheby's International Realty
Agency Contact: laurenstadjuhar@gmail.com,719-761-0702
Property Description
Close to Patty Jewett. A Smarter Investment. Opportunity is knocking in the highly desirable Patty Jewett neighborhood. This Zoned R-2 duplex offers immediate income potential with an established tenant in the lower unit who would like to remain, providing rental income from day one. The property consists of two units. The upper unit features 3 bedrooms, 2 baths, LVP flooring, fresh paint throughout, new lighting, a wood-burning fireplace, and a composite deck with wrought iron railing offering views. The lower unit includes a spacious living room, kitchenette, 2 bedrooms, and 1 full bath. The oversized detached one-car garage with storage and an enclosed workshop is accessed from the alley and offers additional income potential. Amenities include shared laundry facilities, and ample street parking. Mature trees and established surroundings enhance the propertys appeal for both tenants and owner-occupants. Patty Jewett continues to be one of Colorado Springs most desirable neighborhoods, known for its walkability, character, and proximity to downtown, the Old North End, local dining, parks, major employment centers, I-25, and the Powers Corridor. The combination of location, tenant demand, and future flexibility creates an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation.
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Partial, Walk-Out Access
Cooling: Other
Fireplaces: 1
Garage: 1
Heating: Forced Air
Lot Size: 0.16 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,930
Year Built: 1980
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Baths Total: 3
Days on Site: 6
Exclusions: Tenants Personal Property & staging items
Exterior: Frame, Vinyl Siding
Fireplace: Living Room, Wood Burning
Laundry: Common Area, In Basement
Parcel#: 64082-03-063
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Palmer
Middle School: North
Elementary School: Taylor
School District: Colorado Springs 11
Listed By / Shown By
Listed By
Agency Name: LIV Sotheby's International Realty
Agency Contact: laurenstadjuhar@gmail.com,719-761-0702
Shown By
Agent Name: Jennie Lee
Agent Phone: (303) 870-0411
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 2,952.14 per month $2,635.27 Principal & Interest $160.83 Property Tax $156.04 Homeowner's InsuranceChange Payment Information
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1344 N Arcadia Street | MLS# 5768968
This multi-family property located at 1344 N Arcadia Street , Colorado Springs, CO 80903 is currently listed for sale with an asking price of $535,000. N Arcadia Street is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on jennie.thecuttingedgerealtors.com today.