111 W Fountain Boulevard, Colorado Springs, CO 80903
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
111 W Fountain Boulevard,Colorado Springs, CO 80903
$469,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: caleb skelton, jeff skelton
Office: buy smart colorado
MLS#:3559371
Source:CO_PPAR
Price summary
- Price:$469,500
About this home
Exceptional opportunity with immediate cash flow. This fully leased income property generates a combined $3,985.00 per month, 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. Current Gross Monthly Income $3,985.00 Current Gross Annual Income $47,820.00...
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Home facts
- Year built:1898
- Listing ID #:3559371
- Added:1 day(s) ago
- Updated:June 09, 2026 at 11:47 PM
Rooms and interior
- Kitchen Description:Oven, Refrigerator
Heating and cooling
- Heating:Baseboard, Electric, Natural Gas
Structure and exterior
- Year built:1898
- Lot area:0.08 Acres
Utilities
- Water:Municipal
Finances and disclosures
- Price:$469,500
- Tax amount:$1,058 (2025)
Features and amenities
- Laundry features:Electric Hook-up
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