$199,000
For Sale

716 W Madison Street

Colorado Springs, CO 80907
Browse 50 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Investor Special in Prime West Side Location!
First time on the market in over 40 years! This west side duplex is brimming with potential but will require a serious renovation to shine again. Each side features 1 bedroom, 1 bathroom, and a private yard, with a detached 2-car garage—one side functional and the other used as storage or a workshop.
Situated on a large lot with easy access to I-25, downtown Colorado Springs, and west side shops and dining, the location can't be beat. Most windows have been replaced with dual-pane vinyl, and there’s a new water heater in the vacant unit. This is not a project for the faint of heart or novice DIYer. It needs significant work to bring it back to life.
Whether you're looking for a fix-and-flip, a buy-and-hold investment, or a lot to scrape and rebuild in a desirable west side neighborhood, this property is and sold strictly AS-IS. Bring your vision, your contractor, and your grit—opportunities like this are rare!

  • Property Details
      • School DistrictColorado Springs 11
      • RegionColorado Springs
      • Property TypeMulti-Family
      • CountyEl Paso
      • MLS #3006196
      • MLS #3006196
      • Exterior FeaturesStucco
      • Cost199000
      • Property SubtypeDuplex
      • RoofMetal
      • Year Built1939

Location

Adrienne Wilson | Winterwood Real EstateReal Estate Group
OR

Interested in Purchasing 716 W Madison Street?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00