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12 W Monroe Street, Colorado Springs, CO, 80907

Image Count: 50

$1,000,000

  • Highlights
  • Income
  • House W/Cottage
  • 12 W Monroe Street, Colorado Springs, CO, 80907 listed by Matthew Orsillo
  • Active
  • MLS#: 3741259
  • Tour #1
  • View on Map
Space maker

Property Description

Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

Property Listed By

Picture of REALTOR Listing Property
  • Matthew Orsillo
  • 1185-782-917  Call the Agent 
Picture of Office Listing Property
  • Better Homes and Gardens Real Estate Kenney & Company
  • 5151-055-917  Call the Agent 
As a Realtor with a Bachelor of Architecture, Matthew would like to help you find or sell your home. He believes that with his architectural background he can help a client view a home’s future beauty through renovation and design. With this unique combination of skills, he is able to assist a buyer in looking past the existing and into the potential of what a space, a building or a home could become.

Property Details

    General Features

  • Property Type: House W/Cottage
  • Year Built: 1951
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $1,000,000

    Unit Information

    Beds Baths Parking Rent SqFt
    5 3 2 $3,500
    1 1 $1,500
    1 1 $1,500
  • Total Parking Spaces: 2
  • Total Units: 3
  • Total Rent: $6,500

    Structure

  • Foundation: Full Basement, Walk Out
  • Structure: Framed on Lot
  • Construction Status: Existing
  • Siding: Stucco
  • Fence: Rear
  • Alley: Paved
  • Fence: Rear

    Features

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan, Central Air
  • Laundry: Common, Electric Hook-up
  • Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer

    Taxes, Utilities, Lot

  • Tax: $2,575
  • Lot Size: 0.21 Acres, 9,000 SqFt
  • Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer
  • Laundry: Common, Electric Hook-up
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan, Central Air
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected
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          12 W Monroe Street, Colorado Springs, CO, 80907

          Image 1 of 50: Front of Structure

          Front of Structure

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          Kitchen

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          Kitchen

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          Dining Area

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          Living Room

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          Bonus Room

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          Back of Structure

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          Front of Structure

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          Front of Structure

          Image 46 of 50: Aerial View

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          Image 47 of 50: Main Floor

          Main Floor

          Image 48 of 50: Basement Plan

          Basement Plan

          Image 49 of 50: Upper Plan

          Upper Plan

          Image 50 of 50: Above Garage ADU

          Above Garage ADU

          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.