734 East San Miguel Street, Colorado Springs, CO, 80903

USD 498,000
For Sale

Property Details

Bedrooms

2

Bathrooms

3

Property Type

Single Family Residence

Description

Property Details: • Type: Single Family Residence • Bedrooms: 2 • Bathrooms: 3 • Square Footage: 880 sq ft

Description: Charming Dual-Income Bungalow + Tiny House in Prime Colorado Springs Location

Live in one, rent the other or rent both!

This beautifully remodeled 1920s bungalow in the heart of Colorado Springs offers both charm and flexibility, making it ideal for first-time buyers or savvy investors.

Cozy, well-appointed and located in a lovely neighborhood, this home has lots of natural light, a gas fireplace, nicely outfitted kitchen with ample workspace, deep vintage clawfoot soaking tub and rainhead showerheads in both showers for great pressure. Front porch swing for lazy mornings (or any time!) and backyard covered and fenced sitting area, chicken coop and house and raised garden beds.

Main House: *880 sq ft 2 bed, 1 bath *Fully updated while preserving vintage character--permitted remodel. Updated electric and electrical panel. New plumbing added, much updated. *Custom cabinetry, new appliances, refinished original hardwood floors *Can be sold furnished with everything you see in photos. **Rents for $2,250/month

Bonus Tiny House: *Lofted bed, kitchenette, living area *Separate access + private feel *Around 200 sq ft living space, including lofted bed area

This backyard tiny house is comfortable, cozy and conveniently located within walking distance to coffee shops and 5 minutes from downtown.

The tiny house comes furnished with couch, work top coffee table, tv, lamp, dresser, organic full-sized mattress. All you need to do is bring your clothes! Storage shed attached to the tiny house for your mountain bike and other adventure gear.

***Rents for $975/month ( used successfully as extended home/rental space for 8+ years)

Property Location Perks: *Safe, highly desirable neighborhood *Walkable to local coffee shops, a wine bar, parks, and more *Easy access to downtown and major commuter routes

Perfect For: *First-time buyers looking to offset their mortgage *House hackers who want rental income without sharing walls *Investors seeking a stable, high-quality rental property (net ROI between 5-6% after expenses)

Rental Income Potential for entire property: $3,225/month

Showings by appointment. Serious inquiries only, please. FSBO this summer only for this year--dont miss the opportunity!

Note: the estimated value on this website is based on outdated records of the home's condition and square footage *before* the entire house remodel and the addition of the tiny house ADU.

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Location

Address

734 East San Miguel Street, Colorado Springs, CO, 80903

City

Colorado Springs

Features and Finishes

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