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3086 Fascination Circle
Colorado Springs, 80917
FOR
SALE
$520,000
For Sale
5
Beds
4
Baths
2
Garage
2,529
Sq.Ft.
0.25
Acres
MLS# 8972571
Cumulative Days on Market: 3 (since March 17th, 2024) Data provided by the MLS.

Property Details

Short Term Rental (STR) Passive Income to pay for your mortgage with a beautiful home to live in as well! STR permit is immediate for owner occupants and with this home purchase there are immediate future scheduled transferable rentals already lined up for passive income! Supplement your mortgage with passive income! This beautiful home is centrally located in Colorado Springs with Pikes Peak and mountain views! In a quiet, established neighborhood, just minutes to shopping, Powers Blvd, Academy, Peterson SFB and more. Completely turnkey, ready for you to move in immediately with nothing to do but enjoy your new home and rent the attached STR to pay for your mortgage! If you don't want to make passive income, easily convert this amazing home back to a 5 bedroom, 4 bathroom 2 car attached garage home. OR enjoy plenty of living space and a large yard with the attached STR unit supplementing your mortgage payment. There are 3 bedrooms and 2 bathrooms on the upper floor with a living room, dining room, kitchen and separate family room with wood burning fire place that accesses the incredible back yard with a patio, wood deck and astroturf in the backyard for minimal water cost for plenty of enjoyment. The master bedroom suite includes new laundry to support the laundry in the attached STR space. The attached STR has 2 bedrooms, 1.5 bathrooms, kitchen, living room, and laundry. There is plenty of storage. Separate entrance for the short term rental on the side of the garage. Brand new window slider door on the lower level to the patio. The main kitchen features gorgeous granite countertops. In addition to the passive income from the short term rental, save significant money with the new solar panels - see attached docs. ALL electric expenses are covered with included solar panels. Take the payments, but save money every month! Newer electrical panel also!. This amazing home will pay for itself, come see it before it's gone!

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Property Highlights

Price
$520,000
Property Type
Residential Income
Property Sub Type
Duplex
Total Bathrooms
4
Year Built
1972
Acres
0.25

Location

County
El Paso
Subdivision
Tamarack
Zoning
R1-6 AO

Property Details

Price
$520,000
Property Sub Type
Duplex
Property Type
Residential Income

Building

Levels
Multi/Split
Structure Type
Duplex
Total Area
2,529

Community

Local Schools

Elementary School
Penrose
High School
Doherty
Middle School
Sabin
School District
Colorado Springs 11

Interior Features

Bedrooms and Bathrooms

Bedrooms
5
Total Bathrooms
4

Rooms and Basement

Basement Features
Partial
Has Basement
Yes

Area and Spaces

Above Grade Finished Area
1,953
Below Grade Finished Area
576
Living Area
2,529

Appliances

Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer

Interior Features

Fireplace Features
Family Room, Wood Burning
Flooring
Carpet, Laminate, Tile
Interior Features
Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Vaulted Ceiling(s)
Laundry Features
In Basement, In Unit, Main Level, Multiple Locations
Security Features
Smart Cameras

Heating and Cooling

Fireplaces
1
Heating Features
Forced Air, Natural Gas, Solar, Wood

Building Details

Construction

Year Built
1972

Materials

Construction Materials
Frame
Roof
Architecural Shingle

Terms

Terms

Exclusions
Sellers Personal Property
Ownership
Individual
Special Conditions
None
Special Terms
Cash, Conventional, FHA, VA Loan

Taxes

Tax

Tax (Annual)
$1,331

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected
Water Source
Public

Lot

Acres
0.25
Lot Features
Corner Lot, Landscaped
Lot Size
0.25
Lot Size Area Sq Ft
10,890

Exterior Features

Exterior Features
Balcony, Fire Pit, Garden, Private Yard, Rain Gutters
Fencing
Full
Patio And Porch Features
Covered, Deck, Front Porch, Patio

Parking

Garage Capacity
2
Parking Features
Concrete, Dry Walled, Exterior Access Door, Insulated Garage, Storage
Total Parking Spaces
2
Listed by Exp Realty, LLC, caleb.leonard@gmail.com, 719-960-7449.
Listing Data last updated 20th March, 2024 18:00
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Property History

2 days ago
Property information last updated
3 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 3. Data provided by the MLS.

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3086 Fascination Circle - MLS#8972571 - $520,000
Listed by Exp Realty, LLC
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