Return to Search Results

716-718 W Madison Street, Colorado Springs, CO, 80907

Image Count: 8

$530,000

  • Highlights
  • Income
  • Duplex
  • 716-718 W Madison Street, Colorado Springs, CO, 80907 listed by Caleb Skelton
  • Active
  • MLS#: 6643556
  • View on Map
Space maker

Property Description

This fully remodeled duplex offers an exceptional investment opportunity in one of Colorado Springs' most desirable and centrally located neighborhoods. Each Unit features a spacious Two bedroom, one bath floor plan and was completely renovated just moths ago with modern, high end finishes throughout. Improvements include new luxury vinyl plank flooring, fresh interior paint, beautifully tiled bathrooms, updated cabinetry, granite countertops, and stainless steel appliances, creating a clean and contemporary living experience that appeals to today's renters. A durable metal roof adds long term value and reduces future maintenance concerns, while a detached two-car garage (currently not included in the existing leases) provides additional upside potential. Ideally positioned near downtown Colorado Springs, residents enjoy close proximity to Memorial Park, the US Olympic and Paralympic Museum, the Colorado Springs Fine Arts Center, vibrant dining and nightlife, scenic trails, and easy access to major thoroughfares leading toward Pikes Peak and surrounding outdoor recreation. This turn key property combines modern upgrades, strong rental appeal, and an outstanding location, making it a compelling addition to any real estate portfolio.

Property Listed By

Picture of REALTOR Listing Property
  • Caleb Skelton
  • 7504-612-917  Call the Agent 
Picture of Office Listing Property
  • Buy Smart Colorado
  • 4648-013-917  Call the Agent 

Property Details

    General Features

  • Property Type: Duplex
  • Year Built: 1939
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $530,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $1,600
    2 1 $1,775
  • Total Parking Spaces: 2
  • Total Units: 2
  • Total Rent: $3,375

    Structure

  • Structure: Framed on Lot, Frame
  • Construction Status: Existing
  • Siding: Stucco

    Features

  • Heating: Electric, Forced Air
  • Laundry: Electric Hook-up

    Taxes, Utilities, Lot

  • Tax: $1,084
  • Lot Size: 0.18 Acres, 8,000 SqFt
  • Laundry: Electric Hook-up
  • Heating: Electric, Forced Air
  • Existing Water: Municipal
          Disclaimer
          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.
          PPAR.com Website

          716-718 W Madison Street, Colorado Springs, CO, 80907

          Image 1 of 8: Front of Structure

          Front of Structure

          Image 2 of 8: Kitchen

          Kitchen

          Image 3 of 8: Kitchen

          Kitchen

          Image 4 of 8: Other

          Other

          Image 5 of 8: Other

          Other

          Image 6 of 8: Bathroom

          Bathroom

          Image 7 of 8: Other

          Other

          Image 8 of 8: Other

          Other

          Disclaimer: 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.