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1822 E Pikes Peak Ave Colorado Springs, CO 80909

For Sale
$390,000

Freshly remodeled duplex with commercial zoning and steady rental income.

Property size:
2,240 SF

Property Features for 1822 E Pikes Peak Ave

General Information

Standard status
Active
Size
2,240 SF

Building Details

Year built
1951

Source: HOUSE CALLS REALTY Agent NICHOLAS BOWMAN

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Remodeled Duplex Zoned Commercial

This is a freshly remodeled duplex featuring refinished maple flooring in the upstairs bedrooms and new tile floors in the entries, bathrooms, and kitchens. The upstairs unit, serviced by a new furnace and AC, includes three bedrooms and one full bathroom. The kitchen is equipped with a dishwasher, disposal, and a gas stove, with an electric hookup also available. Zoned commercial (C-6), this property is suitable for various business uses such as an office or hair studio. The property provides parking space for three or four cars in front. The lower unit includes shared laundry facilities and a garage, along with another kitchen, a bedroom, an office/bedroom, and a full bathroom. A yard is located in the back, and a driveway leads to the garage off the easement. The owner covers water and trash services, while tenants are responsible for electric and gas expenses. The duplex has been a steady rental, with the top unit renting for $1350 and the lower unit for $1250. The owner suggests potential rent increases to the current market rates of approximately $1500 and $1400, respectively. The property may also be suitable for fully furnished rentals to traveling nurses, given its location. The finished space is 2016 square feet on a 4850 square foot lot.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Paws&Claws88 Dog Walker

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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
-104.79362
Latitude
38.833206

FAQs

What type of property is this?
Duplex - Freshly remodeled duplex with commercial zoning and steady rental income.
Where is this duplex located?
The property is located at 1822 E Pikes Peak Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: - Zoned commercial (C-6) allowing for business use (office, hair studio, etc.).; - Duplex with two units, providing rental income potential.; - Steady rental history with potential to increase rents to market rates ($1500/$1400).
More about this property
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