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31
Photos
311 Farragut Avenue, Colorado Springs, CO 80909
$730,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
3
baths
1,536
sqft
Built in
1952
Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you're seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort. The main house boasts a beautifully landscaped private yard, perfect for outdoor gatherings and relaxation. Currently leased on a one-year agreement, providing immediate rental income for investors. The Cottage/ADU is a separate 2-bedroom, 1-bathroom house, fully furnished for your convenience. Ideal for multi-generational living, accommodating guests, or generating additional rental income. Zoned R2, offering flexibility for both short-term and long-term rental options. The ADU is currently set up for short-term rental, maximizing income potential for investors. Built in 2022, the cottage showcases modern finishes and thoughtful design throughout and guests of the short term rental absolutely love it! Situated just moments away from downtown, enjoy easy access to dining, shopping, and entertainment. Close proximity to Memorial Hospital and the Olympic Training Center makes it an ideal location for traveling professionals, and olympic athletes seeking temporary accommodation. Whether you envision yourself living in the cottage while leasing the main house, or maximizing rental income by renting out both properties, this versatile offering presents endless possibilities. Don't miss out on this rare opportunity to own a piece of Colorado Springs thriving real estate market. Schedule your viewing today!
Features & Amenities
Interior
- General:
- 6-Panel Doors
- Appliances:
- 220v in Kitchen,Dishwasher,Disposal,Dryer,Gas in Kitchen,Microwave Oven,Range,Refrigerator,Washer
- Laundry:
- Electric Hook-up
- Flooring:
- Carpet,Tile,Wood,Luxury Vinyl
- A/C:
- Central Air,Electric,See Prop Desc Remarks
- Heating:
- Electric,Forced Air,Heat Pump
Exterior
- Style:
- Ranch
- Other Structures:
- Gazebo,Shop,Storage Shed
Construction
- Roofing:
- Composite Shingle
- General:
- Stucco, Ranch, Full Basement
Location
- HOA Amenities:
- 0.0, Not Applicable
- School District:
- Colorado Springs 11
- County:
- El Paso
Utilities
- Utilities:
- Electricity Connected,Natural Gas Connected
- Water:
- Municipal
This listing courtesy of:
Equity Colorado Real Estate, Charlie Peace
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Colorado Springs, CO
Housing
- Number of Units
- 261,010
- Median Home Value
- $320,371
- Median Rent
- $1,128
38.15% of housing units are renter occupied.
4.79% are vacant.
Commute
- Car
-
65.07%
- Public Transportation
-
0.55%
- Walk to Work
-
1.30%
- Work from Home
-
32.17%
- Other
-
0.52%
The median travel time to work is 17 minutes.
People
- Population
- 618,741
- Median Age
- 35.20
- Median Household Size
- 2.77
Education
- High School
-
20.31%
- Associate’s Degree
-
11.24%
- Bachelor’s Degree
-
24.43%
- Graduate Degree
-
15.25%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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