505 W Bijou Street, Colorado Springs, CO 80905
- $500,000
- 3
- BD
- 2
- BA
- 1,838
- SqFt
Courtesy of Colorado Homestead Realty . elizabeth-reeder@outlook.com,720-231-8097
- List Price
- $500,000
- Price Change
- ▼ $25,000 1785297335
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- ACTIVE
- MLS Number
- 8860481
- Architectural Style
- Traditional
- Structural Style
- Traditional
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft Total
- 1,838
- Neighborhood
- Parrishs
- Year Built
- 1904
Property Description
House Hack Opportunity – Live in One Unit & Rent the Other! In the Heart of Colorado Springs! Why settle for a single-family home when you can own a property that helps pay for itself? This beautifully remodeled duplex offers the perfect opportunity for owner-occupants, investors, or multi-generational living—all just minutes from Downtown Colorado Springs, Old Colorado City, local hospitals, military bases, and some of the city's best dining, shopping, and entertainment. The main level features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, inviting layout. Upstairs, a fully finished 780-square-foot private apartment includes 1 bedroom, 1 bathroom, its own kitchen, and a separate exterior entrance, creating an ideal space for long-term tenants, mid-term rentals, guests, or extended family. Live comfortably in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your investment potential. With strong demand for rental housing in central Colorado Springs, the possibilities are endless. Washer and dryer hook-ups in both units! Situated on a 5,000-square-foot lot, the property also offers convenient off-street rear parking and two storage sheds for additional storage. Whether you're purchasing your first investment property, looking for a smart house-hack opportunity, or seeking a turnkey duplex in an unbeatable location, this property delivers the flexibility, income potential, and lifestyle that today's buyers are searching for.
Additional Information
- Lot Size Acres
- 0.11
- Lot Size Sq Ft
- 5,000
- Tax Amount
- $1,205
- Tax Year
- 2024
- Sewer
- Public Sewer
- Flooring
- Tile, Vinyl
- Basement Type
- Crawl Space, Partial, Unfinished
- Heating
- Forced Air
- Cooling
- None
- School District
- Colorado Springs 11
- Elementary School
- West
- Middle Or Junior School
- West
- High School
- Coronado
- Parking Total Searchable
- 4
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