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Rick Cavallaro

rick@rickcavallaro.com +1(303) 641-1632

$ 750,000

Est. payment -/mo

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944 E Moreno Ave #A & B Colorado Springs, CO 80903

5 Beds

3 Baths

1,771 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,771 sqft

Subdivision Longview

MLS Listing ID 5127144

Style Contemporary/Modern

Bedrooms 5

HOA Y/N false

Abv Grd Liv Area 1,914

Year Built 2005

Annual Tax Amount $1,320

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Income Property

Source REcolorado

Property Description

Updated Duplex with Pikes Peak Views and Strong Income Potential! Two completely independent, unique homes on one lot that boast strong income potential and comfortable living! Unit A was built in 1898, and has been recently renovated with a new roof, paint, remodeled bathroom, and furnace. Unit B was built in 2005 by the prestigious Tara Custom Homes with recent upgrades including a new roof, paint, decking, railing, and A/C coil and condensing unit. All the costly capital improvements have already been done, making this a true low-maintenance asset for years to come. Complete with gorgeous mountain views, this versatile property offers two fully independent homes, each with private exterior entrances; ideal for maximizing rental income, house-hacking, or multigenerational living. Minutes from lively downtown Colorado Springs, Memorial Park, Prospect Lake, Valley Hi Golf Course, Colorado Springs Airport, the US Olympic Training Center, the US Olympic Museum, and the Broadmoor, proximity to what matters most to you becomes your convenience. Walking across the street to the popular Switchback Coffee for your morning brew can become your routine. Easy access to I-25 makes commuting a breeze. With a total of 5 bedrooms, 3 bathrooms, and a 4 car garage, this property caters to almost any situation! Whether you need a place to protect your cars from weather or extra storage space, each unit is equipped with 2 car garages (total of 4) to ensure peace of mind. Step outside to a sprawling backyard with alley access; perfect for tenant enjoyment, additional parking, or future development potential. Two gems, one-of-a-kind interior floor plans, and one centrally located lot in the heart of downtown Colorado Springs! If you're looking to live in one unit and rent the other, or add a top-performing property to your portfolio, this duplex offers endless possibilities! Please feel free to contact the listing agent with any questions, concerns, or to schedule a showing!

Location

State CO

County El Paso

Area Out Of Area

Zoning R-2

Direction south on I25, east on Bijou St, south on Wahsatch Ave, east on Costilla St, south on Institute St, east on Moreno Ave

Rooms

Basement Crawl Space

Interior

Interior Features Pantry, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, Disposal

Exterior

Exterior Feature Balcony

Garage Spaces 4.0

Fence Fenced

Utilities Available Natural Gas Available, Electricity Available, Cable Available

View Mountain(s)

Roof Type Composition,Fiberglass

Handicap Access Level Lot

Porch Patio, Deck

Building

Lot Description Gutters, Level, Abuts Public Open Space

Faces South

Story 2

Foundation Slab

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Wood/Frame,Stucco,Concrete

New Construction false

Schools

Elementary Schools Stratton

Middle Schools North

High Schools Doherty

School District Colorado Springs 11

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Builder

Information and Real Estate Services (IRES)

Listed by Jared Rising • Better Homes & Gardens Real Estate - Kenney & Co. • jared.risingrealestate@gmail.com,719-641-4939

Rick Cavallaro

Real Estate Consultant & Broker | License ID: ER.040020925

+1(303) 641-1632

Rick Cavallaro

944 E Moreno Ave #A & B Colorado Springs, CO 80903

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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944 E Moreno Ave #A & B