124 W Cheyenne RD Colorado Springs, CO 80906
4 Beds
2 Baths
1,801 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,801 sqft
Price per Sqft $332
Subdivision Broadmoor
MLS Listing ID 1788443
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 1,801
Year Built 1956
Annual Tax Amount $1,381
Tax Year 2025
Lot Size 8,964 Sqft
Acres 0.21
Property Sub-Type Duplex
Source recolorado
Property Description
The property offers two carport spaces on 124 and two car garage at 126, providing a valuable amenity for residents and enhancing overall tenant satisfaction. Its manageable size and straightforward operation make it an attractive investment opportunity for both first-time and experienced multifamily investors seeking stable rental income and long-term appreciation potential.
Situated along the South Nevada Avenue and Cheyenne Road corridor, the property benefits from excellent access to Downtown Colorado Springs, Interstate 25, major employment centers, retail destinations, dining options, and recreational amenities. Residents enjoy proximity to some of the area's most notable attractions, including The Broadmoor, Cheyenne Mountain, and the extensive trail systems and outdoor recreation opportunities that make Colorado Springs one of Colorado's most desirable places to live.
Supported by a diverse regional economy, continued population growth, and strong rental demand, 124 & 126 W Cheyenne Road offers investors the opportunity to acquire a well-located duplex asset positioned to benefit from the ongoing growth and economic strength of the Colorado Springs market.
Location
State CO
County El Paso
Zoning PDZ R-2
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling None
Fireplace N
Laundry In Unit
Exterior
Garage Spaces 2.0
Fence Partial
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Hunt
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA