1914 E Monument ST, Colorado Springs, CO 80909
1914 E Monument ST, Colorado Springs, CO 80909
1914 E Monument ST, Colorado Springs, CO 80909
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$450,000
Est. payment /mo
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2 Beds
2 Baths
1,176 SqFt
Coming Soon

1914 E Monument ST Colorado Springs, CO 80909

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,176 sqft

Price per Sqft $382

Subdivision Knob Hill

MLS Listing ID 2887679

Style Traditional

Bedrooms 2

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,176

Year Built 1900

Annual Tax Amount $1,051

Tax Year 2025

Lot Size 6,000 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Source recolorado

Property Description

INVESTMENT OPPORTUNITY - HOUSE HACK - 1914 E. Monument St is a side-by-side duplex walking distance to the Olympic Training Center. One unit is currently leased at $1,099/month and professionally managed by Atlas Real Estate, providing immediate rental income from day one. The second recently renovated unit is vacant, giving a buyer two clear paths: add a duplex to an investment portfolio, or house hack by living in one unit while the tenant's rent offsets the mortgage. PROPERTY HIGHLIGHTS: Side-by-side duplex on a single lot, One unit currently leased at $1,099/month, under, professional property management, Off-street parking and on-site laundry, Duplex set up with each unit having their own furnace, water heater, and, laundry units., Large three car driveway, Private and shared yard space, Updated finishes (new paint, new kitchen, upgraded flooring/appliances in front unit). LOCATION: Minutes from downtown Colorado Springs, close to Patty Jewett Golf Course, Olympic Training Center, Palmer Park, and UCH-Memorial Hospital's central campus (under a mile away). Colorado College is under 3 miles away, and the area has a mix of cafes, parks, schools, and shops with mountain views. THE OPPORTUNITY: This is a duplex with one side already generating $1,099/month in rent. Fully rented this investment produces $2200 gross rent, making this a 7+ Cap investment. Option of giving an investor immediate cash flow or an owner-occupant a built-in path to house hacking.

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Cellar, Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Fireplace Y

Appliance Dishwasher, Microwave, Oven, Refrigerator

Exterior

Exterior Feature Private Yard

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot, Landscaped

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Queen Palmer

Middle Schools Galileo

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Real Broker, LLC DBA Real

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Daniel Padilla

Daniel Padilla

CEO & Founder of The PCS Team | License ID: 100082943

+1(719) 900-6998

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1914 E Monument ST