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$1,200,000
13 Days Online

506 W Cheyenne Road
Colorado Springs, CO 80906

For Sale|Multi-Family|Active
County:
El Paso

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

506 W Cheyenne Road506 W Cheyenne Road506 W Cheyenne Road506 W Cheyenne Road
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Thank you for your interest in this unique property in a desirable part of Colorado Springs near the Broadmoor resort. It is not uncommon to find a home with a cottage(ADU) on the lot, but it is rare to find a home with a 4-plex and a second 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car attached garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage all rented separately). Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.

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Listing Snapshot
Price 
$1,200,000
Days Online 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,379 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
1954
MLS® Number 
6514427
Status 
Active
Property Tax 
$3,468
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Construction 
FrameOtherStuccoWood Siding
Parking 
Driveway- Gravel
Parking Spaces 
4
Sewer 
Public Sewer
Electric 
220 Volts
Acreage 
0.5
Water 
Public
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Property Sub Type 
Multi Family
Garage Spaces 
4
Attached Garage 
Yes
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected
Zoning 
R1-6 R2
Interior Features
Fireplace 
No
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Exterior Features
Roof 
CompositionMembrane
Spa 
No
Waterfront Property 
No
Community Features
Security Features 
Carbon Monoxide Detector(s)Smoke Detector(s)
Listing courtesy of RAWHIDE COMPANY REALTORS THE (719) 598-3198



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than RAWHIDE COMPANY REALTORS THE are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
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