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522 N Spruce Street

Colorado Springs, CO 80905
  • $375,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 7721819
UPDATED: 54 min ago
$375,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Equity Colorado Real Estate: 720-722-3209.

Description

Westside House and Cottage! Located in a quiet, established neighborhood, this property is full of potential. The house recently emptied from a long term tenant while the cottage is occupied through June 2025. The house has 2 bedrooms (one non-conforming), and one full bathroom. The cottage consists of one bedroom, one 3/4 bath, and a kitchen open to the living room. The house can be re-rented, or remodeled to bring in higher rents and unlock significant equity. The separately metered cottage is ideal for rental income, and both homes have their own dedicated off-street parking. Sewer lines for both homes have been replaced. Solid rental history for past 15 years. Live in one and rent the other, or rent both for double the cash flow. Located just minutes from schools, parks, shopping, and I-25, the location makes this property a smart buy. Opportunities like this are getting harder to find. Bring your vision, and turn this property into profit. Schedule your showing today and see the potential for yourself.

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Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-05-17T13:40:57.217.
www.tarynsimental.com/homes/162779976
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522 N Spruce Street Colorado Springs, CO 80905

  • Price: $375,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 54 min ago
  • ID#: 7721819
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1899
Built
Neighborhood:
Hastings
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Westside House and Cottage! Located in a quiet, established neighborhood, this property is full of potential. The house recently emptied from a long term tenant while the cottage is occupied through June 2025. The house has 2 bedrooms (one non-conforming), and one full bathroom. The cottage consists of one bedroom, one 3/4 bath, and a kitchen open to the living room. The house can be re-rented, or remodeled to bring in higher rents and unlock significant equity. The separately metered cottage is ideal for rental income, and both homes have their own dedicated off-street parking. Sewer lines for both homes have been replaced. Solid rental history for past 15 years. Live in one and rent the other, or rent both for double the cash flow. Located just minutes from schools, parks, shopping, and I-25, the location makes this property a smart buy. Opportunities like this are getting harder to find. Bring your vision, and turn this property into profit. Schedule your showing today and see the potential for yourself.
Exterior Features

Foundation Details Crawl Space Lot Size 4800.0000 Lot Size Units SqFt Parking Spaces Number Of 3

Interior Features

Cooling None Heating Natural Gas Laundry Facilities Electric Hook-up Unit Total Baths 2 Unit Total Beds 3

Property Features

Earnest Money 3750 Income Property Sub Type House W/Cottage Notices Established Rental HistoryLead Base Paint Discl ReqSee Show/Agent RemarksSold As Is Tax Amount 1033.14 Tax Year 2024 Terms CashConventionalFHAVA Unit Count 2 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-05-17T13:40:57.217.
 
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Simental Homes | The Cutting Edge, Realtors
5881 N Academy Blvd
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Equity Colorado Real Estate: 720-722-3209.