$595,000
$620,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,918 SqFt
SOLD DATE : 10/17/2025
Key Details
Sold Price $595,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,918 sqft
Subdivision Knob Hill
MLS Listing ID 4804313
Sold Date 10/17/25
Style Victorian,Ranch
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 2,918
Year Built 1900
Annual Tax Amount $1,526
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Income Property
Source REcolorado
Property Description
This well-maintained Victorian home is a highly profitable investment opportunity, offering three separate rental units with private entries. Whether you're looking to maximize rental income or live in one unit while renting out the others, this centrally located property-situated across from the Olympic Training Center with Pikes Peak views -delivers strong cash flow potential in a sought-after area. Key investment highlights: Three fully functional units with private entrances for seamless multi-tenant occupancy, Ample parking-5 dedicated spaces in the rear, plus a corner lot for added convenience, Additional income potential with a full storage unit in the fenced backyard, Move-in ready with all appliances in excellent condition and recent upgrades throughout, All units have washer/dryer, stoves and refrigerators. Unit 1 (Basement Level) - 2-bed, 1-bath with a private side and backyard entrance. Features: updated flooring, a gas stove, and a cozy layout perfect for long-term or short-term renters. Unit 2 (Main Level) - 2-bed, 1-bath with a fireplace, spacious living area. Private front and back entrances, a well-appointed kitchen with a gas stove and pantry, separate laundry room and plenty of storage space make this a highly desirable unit. Unit 3 (Upper Level) - 2-bed, 1-bath with breathtaking Pikes Peak views from a private deck. Features LVP flooring, exposed brick, a spacious living area, built-ins, a stackable washer/dryer, and a bright kitchen.
Location
State CO
County El Paso
Area Out Of Area
Zoning C5
Rooms
Other Rooms Outbuildings
Basement Partial, Crawl Space
Interior
Heating Ductless
Fireplaces Type Single Fireplace
Fireplace true
Exterior
Garage Spaces 5.0
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available, Cable Available
View Mountain(s)
Roof Type Composition
Street Surface Dirt
Porch Patio
Building
Lot Description Corner Lot
Story 1
Foundation Slab
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Queen Palmer
Middle Schools Jenkins
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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