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$475,000

$490,000 (-3.06%)

$0/mo

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Multifamily

1,483 Sq. Ft.

435 Days on market

7317145 MLS ID

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About not provided multi-family property

Welcome to your opportunity to live and own real estate in the highly sought after Old North End! This Income Property allows for you to live in one unit and have the other pay your mortgage, or acquire 2 rental properties for the price of one. The main home has a massive front yard with potential to make ones own oasis! Inside, you'll find many updates that invite you in to a bright and welcoming home! As you enter the front doors, you'll fall in love with the open concept, perfect for entertaining! Large bedrooms and updated bathroom make it so there is little to no work to be done to move in, or start renting out. Out the back door is a spacious patio and side yard for your furry friends to stay safe and get their energy out! The cottage is its own little paradise with private yard and parking. Large bedroom and remolded bathroom make this home ready to rent! Close enough to downtown to enjoy all the amenities, but far enough to enjoy those quiet Colorado Nights. Walking trails, shopping and hospitals are close making it such a convenient and desired home! Make it yours today! Buyers to verify square footage. Information is reliable not guaranteed
Welcome to your opportunity to live and own real estate in the highly sought after Old North End! This Income Property allows for you to live in one unit and have the other pay your mortgage, or acquire 2 rental properties for the price of one. The main home has a massive front yard with potential to make ones own oasis! Inside, you'll find many updates that invite you in to a bright and welcoming home! As you enter the front doors, you'll fall in love with the open concept, perfect for entertaining! Large bedrooms and updated bathroom make it so there is little to no work to be done to move in, or start renting out. Out the back door is a spacious patio and side yard for your furry friends to stay safe and get their energy out! The cottage is its own little paradise with private yard and parking. Large bedroom and remolded bathroom make this home ready to rent! Close enough to downtown to enjoy all the amenities, but far enough to enjoy those quiet Colorado Nights. Walking trails, shopping and hospitals are close making it such a convenient and desired home! Make it yours today! Buyers to verify square footage. Information is reliable not guaranteed

Property details

House

Above Grade Finished Area: 1483

Architectural Style: "Ranch"

Building Area Total: 1623

Construction Materials: "Wood/Frame"

Total Sq Ft: 1623

Living Area: 1483

Living Area Units: Square Feet

Stories: 1

Structure Type: "Duplex"

Year Built: 1918

Basement

Basement: "Partial"

Bathrooms

Bathrooms Total Integer: 2

Bedrooms

Bedrooms Total: 3

Location

City: Colorado Springs

Country: US

County Or Parish: El Paso

Locale: Colorado Springs

Latitude: 38.870342

Longitude: -104.818199

MLS Area Major: Out of Area

Postal Code: 80907

State Or Province: CO

Street Name: Lilac

Street Number: 229

Street Suffix: St

Subdivision Name: NORTH END

Unparsed Address: 229 Lilac St Colorado Springs CO 80907

Cooling

Cooling: "Central Air"

Cooling YN: t

Garage

Covered Spaces: 1

Garage Spaces: 1

Garage YN: t

Garage Type: Carport

Schools

Elementary School: Jackson

High School: Palmer

High School District: Colorado Springs 11

Middle Or Junior School: North

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Road Surface Type: "Gravel"

Taxes

Has Metro Tax District: No

Tax Annual Amount: 1164

Tax Year: 2021

Water

Has Water Rights: No

Listing

Price Per Sq Ft: 292.67

Listing Id: 7317145

Listing Terms: "Cash", "Conventional"

List Price: 475000

Mls Status: Active

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Active

Lot

Lot Size Units: Square Feet

Tenant Pays

Tenant Pays: "Electricity"

Monthly cost

Estimated monthly cost

$2,928/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$446,500

+$14,250

$460,750

Seller agent commission$14,250 (3%)*

$0 (0%)

Buyer agent commission$14,250 (3%)*

$14,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $14,250 more selling your home
with an Unreal Estate agent

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State

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  • Real Estate for Sale in Colorado

Unreal Estate checked: Apr 26, 2024 at 12:47 p.m.

Data updated: Apr 27, 2023 at 5:09 p.m.

Courtesy of Jessica Maloney, Gold Group Realty, LLC
This content last updated on 04/27/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information 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. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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