704 Cooper Avenue Colorado Springs, CO 80905
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6627664
Construction Status Existing
Year Built 1889
Annual Tax Amount $1,449
Tax Year 2024
Lot Size 9,151 Sqft
Acres 0.2101
Property Sub-Type Duplex
Source Pikes Peak REALTOR® Services
Property Description
The downstairs unit includes a bright enclosed sunroom with its own separate entrance, while both units share a fully fenced yard. Live in one unit and offset your mortgage with rental income from the other, or explore additional revenue through short-term rental opportunities.
The upstairs Unit is currently rented until Jun 30, 2027. The downstairs Unit is rented until Jun 30, 2027.
Both units have maintained a 0% vacancy rate in recent years, highlighting the property's consistent rental demand.
Additional income potential includes a separately rented garage and space to add an ADU (zoned R-2; buyer to verify with city). This is a rare opportunity to own a turnkey property with multiple income streams in a desirable location.
Sewer Line was lined in 2022, which comes with a 50 year warranty that transfers to the new owners.
New Furnace and New Split Units in Upstairs Unit. All Foundation issues were addressed and completed in 2022.
Location
State CO
County El Paso
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Other, Wall Furnace
Cooling Ceiling Fan(s), Central Air, Other, Wall Unit(s)
Fireplaces Type None
Furnishings Existing
Appliance Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Laundry Electric Hook-up
Exterior
Carport Spaces 4
Fence Community
Utilities Available See Prop Desc Remarks
Building
Sewer Sewer
Water Municipal
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Tax ID 7412409001
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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