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$599,000   Price Analysis
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411 Olive St
Colorado Springs, CO 80904
4 bed 2 bath unknown SqFt ($0/SqFt)
5,301SqFt lot. Built 1948
Listed 2024-04-17, Taxes $1,120
Ⓧ USDA Ineligible
due to location

near Colorado Springs

Property Details

An Exceptional Income Opportunity Awaits This fully remodeled modern duplex presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil westside neighborhood, mere minutes away from the esteemed Garden of Gods and Old Colorado City. Boasting an impeccable rental history, both units exude a pristine allure, providing a turnkey solution for prospective buyers. Each of the well-appointed units comprises 2 bedrooms and 1 bath, offering a generous living space on both levels. Whether your preference lies in long-term rentals or capitalizing on the mid and short-term rental market, this property is ideally situated amongst the most desirable city amenities. The main level residence boasts an aesthetic design w/cove ceiling, showcasing a charming ambiance that is sure to captivate.

Solid hardwood floors flow throughout the tremendous room & bedrms. The great room captures mountain views & adjoins the new luxury kitchen w/quartz counters, breakfast bar, shaker cabinets, uplighting, subway til backsplash & marble tile floor. Main level bedrooms have easy access to jack & jill full bath. One bedroom has mtn views, the other has large closet & stack-able washer/dryer. The large backyard is fully fenced & divided into two separate private yards each w/ an outdoor kitchen feat. built-in grills/fridge/granite counter, electric outlets & cabinet, adding to the potential. The lower unit boast the same attention to detail with all new materials, LED lighting, French doors illuminate the great room & dining area. The adjoining kitchen has stainless appliances & pantry/storage. Both lower rooms have walk-in closets, egress windows, & easy access to bath. With a proven track record of consistent rent. Newer roof, newer electric panel, newer furnace, energy efficient windows & more. See it today.


Presented by Ed Behr at
The Platinum Group, REALTORS.
Listing Agent Photo

Property MLS #3660074 from PikesPeakMLS

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Ceiling Fan(s)
Heating Features: Forced Air, Natural Gas

Fencing: All, Rear

Lot Size Acres: 0.1217
Lot Size Square Feet: 5301

Parking Total: 4

Number of Units: 2

School District: Colorado Springs 11

West Middle School is a public middle school located approximately 0.3 miles away.
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West Elementary School is a public elementary school located approximately 0.4 miles away.
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Coronado High School is a public high school located approximately 1.9 miles away.
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Dayspring Academy is a private elementary, middle and high school located approximately 0.9 miles away.
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Annual Tax Amount: 1032.99
Source Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Income
Source Neighborhood: West Colorado Springs
Postal Code Plus 4: 3558
Subdivision: West Colorado Springs
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$15,320 + $3,670
$18,990
$1,120
2020$13,390 + $3,120
$16,510
$1,120
2019$13,390 + $3,120
$16,510
$1,114
2018$10,350 + $2,880
$13,230
$970
2017$10,350 + $2,880
$13,230
$919
2016$9,700 + $3,180
$12,880
$746
2015$9,700 + $3,180
$12,880
$743
2014$8,960 + $2,870
$11,830
$711
2013$8,960 + $2,870
$11,830
$723
2011$8,730 + $2,870
$11,600
$705
2010$8,730 + $2,870
$11,600
$712
2009$9,210 + $2,870
$12,080
$705
2008$9,300 + $2,650
$11,950
$709
2007$9,300 + $2,650
$11,950
$725

Price Changed 2024-05-19
$599,000
PikesPeakMLS
Listed 2024-04-17
$600,000
PikesPeakMLS
Sold 2023-04-28
$600,000
Public Record
Sold 2022-10-27
$200,000
PikesPeakMLS
Price Changed 2022-09-27
$250,000
PikesPeakMLS
Listed 2022-08-21
$350,000
PikesPeakMLS
Sold 1988-02-01
$63,000
Public Record
Sold 1983-10-01
$55,000
Public Record

Year Built: 1948
Building Exterior Type: Stucco
Foundation Details: Full Basement, Walk Out
Property Age: 76
Roof: Composite Shingle
Structure Type: Frame
Year Built Details: Existing

Cable Available
Electricity Connected
Natural Gas Connected
Telephone
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.