$449,900

111 W Fountain Boulevard, Colorado Springs, Colorado 80903

  • Income Property Type
  • 1898 Year Built
Property Description
Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.
Basic Details
Income
For Sale
3559371
$449,900
1898
Active
Multi Family
Buy Smart Colorado
Caleb Skelton
Features
: Natural Gas, Baseboard, Electric
: None
: Electric Hook-up
: Sewer
: See Prop Desc Remarks
Appliances
: Refrigerator, Oven
Address Map
US
CO
El Paso
Colorado Springs
80903
Fountain
111
Boulevard
W105° 10' 17.6''
N38° 49' 18.2''
W
Neighborhood
Colorado Springs 11
Additional Info
$0
Additional Information
: Municipal
Financial
1058.0
Listing Information
Jeff Skelton
00004816
Buy Smart Colorado
00004816
Cash, Conventional
Active
2026-07-06T01:00:18Z
ElevateMLS
Agent info
The Q Group Real Estate
9524 Federal Dr Suite 100
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theresa@qgrouprealestate.com (719) 331-8524