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Jason Roshek

jasonroshek@gmail.com +1(719) 237-0394

$ 560,000

Est. payment -/mo

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Price Dropped by $25K

2925 N Tejon ST Colorado Springs, CO 80907

3 Beds

2 Baths

1,661 SqFt

UPDATED:

01/12/2025 01:07 AM

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,661 sqft

Price per Sqft $337

MLS Listing ID 6537008

Style Ranch

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Construction Status Existing Home

HOA Y/N No

Year Built 1914

Annual Tax Amount $1,271

Tax Year 2022

Lot Size 9,500 Sqft

Property Description

This property offers both an investment opportunity and the potential for personal living! Prepare to be impressed by the incredible income this property generates. Situated in a prime and up-and-coming location in COS, with the Nevada overlay with the city, this property holds significant value. Built in 1916 and restored, this gem is an original home in Colorado Springs.The front of the property features a charming residential home with 2 bedrooms, an office space, and a fully updated bathroom.Unfinished basement area.This overlay allows for multiple types of builds and expansions. Furnished as a mid-term rental, the furniture and decor can be negotiated if you wish to continue renting it furnished for mid-term stays.Fencing offers privacy and security. The house features a spacious driveway and a garage, which, with some work, can potentially be converted into an accessory dwelling unit (ADU). This presents an exciting opportunity for additional living space. Furthermore, with the Nevada overlay, the garage could be torn down to make way for a two-story unit, providing even more possibilities for development.The hidden treasure lies in the nearly 2000 sq ft shop located at the back of the lot, accessible through the alley. Currently rented, the shop presents an immediate income opportunity. It has been updated, with repairs made to the roof and new siding. The shop features heating, and a finished bathroom with a water heater, ensuring comfort and convenience. The additional parking space adds to the property's practicality. This property presents an opportunity for investors and those seeking a unique place to call home. With its prime location, restoration, potential for additional units, and income-generating capabilities, it is an opportunity not to be missed. Seize the moment and explore the possibilities this property has to offer!

Location

State CO

County El Paso

Area North Colorado Springs

Interior

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Wood Laminate

Fireplaces Number 1

Fireplaces Type None

Laundry Main

Exterior

Parking Features Detached

Garage Spaces 1.0

Fence Rear

Utilities Available Cable Available, Electricity Connected

Roof Type Composite Shingle

Building

Lot Description Level

Foundation Partial Basement

Water Municipal

Level or Stories Ranch

Structure Type Framed on Lot

Construction Status Existing Home

Schools

School District Colorado Springs 11

Others

Miscellaneous Attic Storage,Other,RV Parking,Smart Home Door Locks,Smart Home Thermostat,Workshop

Special Listing Condition Established Rental History, Lead Base Paint Discl Req

Listed by Twin Peaks Realty

Jason Roshek

Agent | License ID: FA40025601

+1(719) 237-0394

Jason Roshek

2925 N Tejon ST Colorado Springs, CO 80907

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2925 N Tejon ST