311 Farragut Avenue
311 Farragut Avenue
$750,000
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Description
Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you're seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort....Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you're seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort. The main house boasts a beautifully landscaped private yard, perfect for outdoor gatherings and relaxation. Currently leased on a one-year agreement, providing immediate rental income for investors. The Cottage/ADU is a separate 2-bedroom, 1-bathroom house, fully furnished for your convenience. Ideal for multi-generational living, accommodating guests, or generating additional rental income. Zoned R2, offering flexibility for both short-term and long-term rental options. The ADU is currently set up for short-term rental, maximizing income potential for investors. Built in 2022, the cottage showcases modern finishes and thoughtful design throughout and guests of the short term rental absolutely love it! Situated just moments away from downtown, enjoy easy access to dining, shopping, and entertainment. Close proximity to Memorial Hospital and the Olympic Training Center makes it an ideal location for traveling professionals, and olympic athletes seeking temporary accommodation. Whether you envision yourself living in the cottage while leasing the main house, or maximizing rental income by renting out both properties, this versatile offering presents endless possibilities. Don't miss out on this rare opportunity to own a piece of Colorado Springs thriving real estate market. Schedule your viewing today!
- Listed by Charlie Peace • Equity Colorado Real Estate
Property Details for 311 Farragut Avenue
Roof
Composite Shingle
Parking Spaces Number Of4
StructureFramed on Lot
Foundation DetailsFull Basement
Location
LISTING UPDATED: 04/23/2024 09:14 AM
Property Details for 311 Farragut Avenue
Status | Active |
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MLS # | 2332705 |
Days on Compass | 17 |
Taxes | $1,266 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / House W/Cottage |
Year Built | 1952 |
Lot Size | 0.19 AC / 8,250 SF |
County | El Paso County |
Location
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Building Information for 311 Farragut Avenue
Stories-Residences-Year Built1952Building Size-Lot Size0.19 AC / 8,250 SF
Payment Calculator
$4,199 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 311 Farragut Avenue
Property History for 311 Farragut Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 311 Farragut Avenue
Taxable ValueLand$4,570Additions$18,050Total$22,620
Tax Record2022$1,266 ($105 / month)
Home Facts
Beds4Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt768 SqFtFinished Basement SqFt768 SqFtStories1Lot Size8,250 SqFtStyleSingle Family ResidenceYear Built1952ZoningR2CountyEL PASOAPN6417107013
Schools near 311 Farragut Avenue
This home is within Colorado Springs 11 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 4 to 9 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Columbia Elementary School PublicPK to 5 | ||
Trailside Academy Public4 to 9 | ||
North Middle School Public6 to 8 | ||
Palmer High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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