120 W Ramona Avenue
Colorado Springs, CO 80905
6023 sqft | 9 beds | 0.28 acres | #6597045
Description
Don't miss your chance to own a coveted investment opportunity in the Ivywild neighborhood of Colorado Springs! Currently used as a short term rental, this 9-bedroom, 7-bathroom duplex offers multiple rental strategies including midterm, long-term, or short-term rental / house hack options. Seller was renting to midterm guests at $3500/mo per unit. Unit A is 5bds, 3 baths, 3,039sqft, and was fully renovated in 2021. Unit B is 4bds, 3.5 baths, 2,984sqft and newly built in 2021. Both units have open concept kitchens and vaulted ceilings. The property includes two garages and eight parking spaces, providing ample room for tenants or guests. Situated in a prime location, it is just 8 minutes to downtown Colorado Springs, 7 minutes to The Broadmoor, and 12 minutes to Garden of the Gods. This is a rare opportunity to secure a turn-key, high-income investment property in a prime location!
Property Details
- BasementFull, Partially Finished
- Sewer InformationCity Sewer, Public Sewer
- Middle SchoolCheyenne Mountain
- High SchoolCheyenne Mountain
- Property SubtypeIncome Property
- Property TypeMulti-Family
- Utility SourceCity Water
- Elementary SchoolBroadmoor
- SubdivisionIvywild
- CountyEl Paso
- MLS #6597045
- Cost1200000
- MLS #6597045
- Acres0.28
- Square Feet6023
- Year Built1941
- Bedrooms9
- Parking Spaces2
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Olivia McClellan (#155064204), Phone: (508) 221-2524, Email: olivia@thegoodneighbors.com
Listing Office: Good Neighbor LLC (#M8549)

Interested in Purchasing 120 W Ramona Avenue?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.