411 Olive Street

Colorado Springs, CO 80904

$600,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

An Exceptional Income Opportunity Awaits – This fully remodeled modern duplex presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil westside neighborhood, mere minutes away from the esteemed Garden of Gods & Old Colorado City. Boasting an impeccable rental history, both units exude a pristine allure, providing a turnkey solution for prospective buyers. Each of the well-appointed units comprises 2 bedrooms & 1 bath, offering a generous living space...An Exceptional Income Opportunity Awaits – This fully remodeled modern duplex presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil westside neighborhood, mere minutes away from the esteemed Garden of Gods & Old Colorado City. Boasting an impeccable rental history, both units exude a pristine allure, providing a turnkey solution for prospective buyers. Each of the well-appointed units comprises 2 bedrooms & 1 bath, offering a generous living space on both levels. Whether your preference lies in long-term rentals or capitalizing on the mid & short-term rental market, this property is ideally situated amongst the most desirable city amenities. The main level residence boasts an aesthetic design w/cove ceiling, showcasing a charming ambiance that is sure to captivate. Solid hardwood floors flow throughout the great room & bedrms. The great room captures mountain views & adjoins the new luxury kitchen w/quartz counters, breakfast bar, shaker cabinets, uplighting, subway tile backsplash & marble tile floor. Main level bedrooms have easy access to jack & jill full bath. One bedroom has mtn views, the other has large closet & stack-able washer/dryer. The large backyard is fully fenced & divided into two separate private yards each w/ an outdoor kitchen feat. built-in grills/fridge/granite counter, electric outlets & cabinet, adding to the potential. The lower unit boast the same attention to detail with all new materials, LED lighting, French doors illuminate the great room & dining area. The adjoining kitchen has stainless appliances & pantry/storage. Both lower rooms have walk-in closets, egress windows, & easy access to ¾ bath. With a proven track record of consistent rent. Newer roof, newer electric panel, newer furnace, energy efficient windows & more. See it today.
  1. Listed by Edward Behr • The Platinum Group
  2. Listed by Brandon Behr • The Platinum Group

Property Details for 411 Olive Street

Roof
Composite Shingle
Parking Spaces Number Of
4
Structure
Frame
Foundation Details
Full Basement, Walk Out

Location

Listing Courtesy of The Platinum Group, Edward Behr; The Platinum Group, Brandon Behr
Add your commute
LISTING UPDATED: 04/18/2024 12:40 PM

Property Details for 411 Olive Street

StatusActive
MLS #3660074
Days on Compass14
Taxes$1,033 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1948
Lot Size0.12 AC / 5,300 SF
CountyEl Paso County

Location

Listing Courtesy of The Platinum Group, Edward Behr; The Platinum Group, Brandon Behr
Add your commute

Virtual Tour

Building Information for 411 Olive Street

Stories-Residences-Year Built1948Building Size-Lot Size0.12 AC / 5,300 SF

Payment Calculator

$3,361 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$86

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411 Olive Street

Summary
Location and General Information
  • School District: Colorado Springs 11
Taxes and HOA Information
  • Tax Year: 2022
Property
Utilities
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), None
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Telephone
  • Water: Municipal
Interior and Exterior Features
Exterior Features
  • Fence: All, Rear, See Prop Desc Remarks
  • Siding: Stucco
Interior Features
  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Fire Place Desc: None
  • Laundry Facilites: Electric Hook-up
Multi Family
Unit 1
  • Baths: 1
  • Beds: 2
  • Furnished: Yes
  • Num Garage: 0
  • Occupied: No
  • Rent: $2,300.00
  • Sq Ft: 942.0
Unit 2
  • Baths: 1
  • Beds: 2
  • Furnished: Yes
  • Num Garage: 0
  • Occupied: No
  • Rent: $2,300.00
  • Sq Ft: 942.0

Property History for 411 Olive Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 411 Olive Street

Taxable ValueLand$3,570Additions$14,890Total$18,460
Tax Record2022$1,033 ($86 / month)
Home Facts
Beds3Total Finished SqFt1,521 SqFtAbove Grade Finished SqFt936 SqFtFinished Basement SqFt585 SqFtStories1Lot Size5,300 SqFtStyleSingle Family ResidenceYear Built1948ZoningR2CountyEL PASOAPN7412215009

Schools near 411 Olive Street

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
West Elementary School
PublicPK to 5

West Middle School
Public6 to 8

Coronado High School
Public9 to 12

Buena Vista Elementary School
PublicPK to 5

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.

Similar Homes

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411 Olive Street is a multi-family home for sale in Colorado Springs, CO 80904. This property was listed for sale on April 16, 2024 by The Platinum Group, it's currently listed at $600,000. It has been on the market for a total of 14 days and was last sold on April 28, 2023. This listing's school district is Colorado Springs 11 School District. Nearby schools include West Elementary School, West Middle School and Coronado High School. 411 Olive Street is a 0-bed, 0-bath, multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Platinum Group, Edward Behr; The Platinum Group, Brandon Behr

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.