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Wayne Pinegar

wayne.pinegar@engelvoelkers.com +1(719) 460-4649

Listed by Kristin Smith Fathom Realty Colorado LLC

$ 439,000

Est. payment -/mo

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519 N Chestnut Street Colorado Springs, CO 80905

8,999 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4900927

Construction Status Existing

Year Built 1942

Annual Tax Amount $1,119

Tax Year 2025

Lot Size 8,999 Sqft

Acres 0.2066

Property Sub-Type Duplex

Source Pikes Peak REALTOR® Services

Property Description

Turn-key, fully furnished West Side home with tons of investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home still has some original touches such as interior log pillars along with some modern comforts added. It includes 1 bedroom, 1 full bathroom a full kitchen and a comfortable and cozy living area with a breakfast bar. It has its own private patio, turf yard with a propane grill and a seating area. Across the large concrete patio you will find an additional living space (unit B) of roughly 550sf fully equipped with a kitchenette, mini-split heating/AC, stackable w/d, King bed and full bathroom. The walk-out private stamped concrete patio is enclosed with a small fence, creating a separate and private space. The entire 9,000 SF lot is tucked away with only alley access and provides many options for short-term rental, long term, living or a combination of any. Some upgrades are still underway including paint, refinishing the deck, and some landscaping. Prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, I-25, and Highway 24.

Location

State CO

County El Paso

Interior

Heating Electric, Natural Gas

Cooling Ceiling Fan(s), Other, See Prop Desc Remarks

Furnishings Existing

Appliance 220v in Kitchen, Cook Top, Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer

Laundry Electric Hook-up

Exterior

Fence See Prop Desc Remarks

Utilities Available Cable Available, Electricity Connected

Roof Type Rolled

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 7412412011

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

NEARBY SCHOOLS & PROPERTIES

Wayne Pinegar

Managing Broker License ID: EA40032318

+1(719) 460-4649

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