$450,000
For Sale

105 Bonfoy Avenue

Colorado Springs, CO 80909
2140 sqft | 4 beds | 2 baths | 0.18 acres | #2723961
Listing OfficeReal Broker, LLC DBA Real
Browse 26 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Now here is an opportunity! This 4-bedroom, 2-bathroom home with many recent updates offers an exceptional opportunity for homeowners and investors alike. Perfectly located and zoned C6, this property is uniquely set up to function as a duplex-style residence, featuring separate entrances—ideal for multi-generational living or potential rental income. Investors…finally, a property in Colorado where the cashflow and returns can actually work. With zoning that allows for the addition of a third unit, this home delivers excellent return potential for the savvy investor looking to maximize property value and cash flow. This property already has a proven cashflow record as a duplex. Recent upgrades enhance the home's appeal and efficiency, including: 2 full kitchens - lower unit kitchen recently remodeled. Fresh interior and exterior paint. New gutters. Boiler system and a ductless zone cooling system installed within the last 3 years. Newly updated bathrooms with subway tile and LVP flooring. This 8000 sq ft lot has newer landscaping including a sprinkler and drip system. Plenty of storage and space with an oversized attached 2 car garage and storage shed. The backyard also has alley access. The layout and improvements support both comfortable living and long-term growth possibilities. Whether you’re looking to live in one unit and rent the other, or develop a third, this property is your flexible canvas for personal or investment success. On top of all this, downtown Colorado Springs is only 5 minutes away! Don’t miss this rare opportunity to own a turnkey property with built-in income potential and future development options.

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Internet Access (Wired), Natural Gas Available, Phone Available
      • InteriorBuilt-in Features, High Speed Internet, Laminate Counters
      • Exterior MaterialsPrivate Yard, Rain Gutters
      • Property SubtypeSingle Family Residence
      • School DistrictColorado Springs 11
      • FoundationConcrete Perimeter
      • BasementFinished, Full
      • Sewer InformationPublic Sewer
      • SubdivisionKnob Hill
      • Property TypePurchase
      • Original List Price$450,000
      • Middle SchoolGalileo
      • CountyEl Paso
      • MLS #2723961
      • MLS #2723961
      • Utility SourcePublic
      • Elementary SchoolRogers
      • High SchoolPalmer
      • Taxes Annual$1,221
      • Cost450000
      • Lot DescriptionLevel
      • Structure TypeHouse
      • Acres0.18
      • Square Feet2140
      • Year Built1942
      • Fireplaces1
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
      • Parking Spaces2

Location

Terrace TownHomesReal Estate Group
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