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    625 N Franklin St Colorado Springs, CO 80903

    For Sale
    $350,000

    MULTI_FAMILY - Colorado Springs, CO

    Lot size:
    0.03 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 625 N Franklin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Fireplace
    1
    Basement
    Full
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Roof type
    Shingle

    The Platinum Group REALTORS (719) 536-4326 [email protected]

    Listing agent Susan Carol Chambless CRS (719) 229-7267

    Listing date Nov 28, 2025

    MLS# 7666106 Listing URL

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shooks Run Townhouse Investment Opportunity

    This furnished end-unit townhouse is located near downtown Colorado Springs, steps from Shooks Run Parks and Trail. It features a bright, open living area with a wood-burning fireplace, a kitchen, a full bathroom, and a primary bedroom with patio access on the main level. The finished lower level includes a family room, flex space, a second bedroom, a bathroom, and laundry facilities. The property includes central A/C and tasteful updates. Outdoor living is enhanced by a fenced patio with gate access to shaded trails, playgrounds, tennis courts, and a community garden. The property has a strong mid-term rental history with high demand and low vacancy. It is located close to downtown dining, shopping, and entertainment. The property is suitable for use as a short-term rental, multifamily property, or residential income property and offers investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.811664
    Latitude
    38.843088

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    FAQs

    What type of property is this?
    Short term rental property - Move-in ready townhouse near downtown with investment potential.
    Where is this short term rental property located?
    The property is located at 625 N Franklin St Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Move-in ready, furnished end-unit townhouse near downtown and Shooks Run Parks and Trail.; - Proven investment potential with strong mid-term rental history.; - Direct access to Shooks Run trails, playgrounds, tennis courts, and community garden via private gate.
    (719) 229-7267
    Request Owner's contact information
    625 N Franklin St Colorado Springs, CO 80903
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    Colorado Springs, CO 80903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    625 N Franklin St Colorado Springs, CO 80903
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