311 Farragut Avenue, Colorado Springs 80909 - MLS #3263953

$730,000

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6 Beds
3 Baths
1,536 Sqft
.19 Acres
0 Garages

11-Colorado Springs

School District

Active

Status

$1,266

Total Taxes

1952

Year Built


Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you're seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort. The main house boasts a beautifully landscaped private yard, perfect for outdoor gatherings and relaxation. Currently leased on a one-year agreement, providing immediate rental income for investors.

The Cottage/ADU is a separate 2-bedroom, 1-bathroom house, fully furnished for your convenience. Ideal for multi-generational living, accommodating guests, or generating additional rental income. Zoned R2, offering flexibility for both short-term and long-term rental options. The ADU is currently set up for short-term rental, maximizing income potential for investors. Built in 2022, the cottage showcases modern finishes and thoughtful design throughout and guests of the short term rental absolutely love it!

Situated just moments away from downtown, enjoy easy access to dining, shopping, and entertainment. Close proximity to Memorial Hospital and the Olympic Training Center makes it an ideal location for traveling professionals, and olympic athletes seeking temporary accommodation.

Whether you envision yourself living in the cottage while leasing the main house, or maximizing rental income by renting out both properties, this versatile offering presents endless possibilities. Don't miss out on this rare opportunity to own a piece of Colorado Springs thriving real estate market. Schedule your viewing today!

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Essential Information
MLS® #3263953
Price$730,000
Property Tax$1,266
Bedrooms6
Bathrooms3.00
Full Baths2
Square Footage1,536
Main Floor SqFt768
Basement SqFt768
Acres0.19
Year Built1952
TypeResidential
Sub-TypeSingle Family
StatusActive
Community Information
Address311 Farragut Avenue
CountyEl Paso
StateCO
Zip Code80909
Amenities
Garage TypeNone
Utilities

Electricity, Natural Gas Connected

Miscellaneous

Auto Sprinkler System, RV Parking

Interior
Interior Features6-Panel Doors
Master Bedroom on Main LevelN
Has BasementYes
Basement Completion100
StoriesRanch
Appliances

Dishwasher, Disposal, Dryer, Microwave Oven, Range Oven (Gas/Elec), Refrigerator, Washer, 220v in Kitchen, Gas in Kitchen

Heating

Electric, Forced Air, Heat Pump

Cooling

Central Air, See Prop Desc Remarks, Electric

Floors

Carpet, Wood, Luxury Vinyl, Tile

Exterior
ExteriorStucco
Lot DescriptionSee Prop Desc Remarks
RoofComposite Shingle
ConstructionExisting Home
FoundationFull Basement
School Information
District11-Colorado Springs
Additional Information
Days on Website12
HOA Fees Freq.Not Applicable
Listing Details
OfficeEquity Colorado Real Estate
Property History
Price Reduced from $750,000 to $730,000$20,000(2.67%)

311 Farragut Avenue Neighborhood Information

Nearby Military Facility(ies), Moderate Residential Turnover

Nearby Locations

  • Nearest Airport

    • 5 milesCity Of Colorado Springs Municipal
  • Nearest College

    • 1 miles Intellitec Medical Institute
  • Nearest University

    • 3 milesColorado College
  • Nearest Sports Team

    • 4 milesColorado Springs Sky Sox (aaa)

Weather & Climate

  • Highs

    • January 41.70℉
    • July 84.40℉
  • Lows

    • January 14.50℉
    • July 54.80℉
  • Precipitation

    • 17.40"

Schools Near 311 Farragut Avenue MLS #3263953

GreatSchools School Name Distance

GRIFFITH CENTERS FOR CHILDREN

Private - 5th Grade to 12th Grade
0.3 Miles

DIVINE REDEEMER CATHOLIC SCHOOL

Catholic - Preschool to 8th Grade - Closest Elementry School
0.6 Miles

COLORADO SCHOOL FOR THE DEAF AND BLIND

Public - Preschool to
0.6 Miles

QUEEN PALMER ELEMENTARY SCHOOL

Public - Preschool to 5th Grade
0.6 Miles

COLUMBIA ELEMENTARY SCHOOL

Public - Preschool to 5th Grade
0.7 Miles

ST MARY'S HIGH SCHOOL

Catholic - 9th Grade to 12th Grade - Closest High School
0.9 Miles

LIFE SKILLS HIGH SCHOOLS

Public - 9th Grade to 12th Grade
1 Miles

Amenities Near 311 Farragut Avenue MLS #3263953

Property Summary for: MLS# 3263953

Property Summary: Located in the East End Addition subdivision, 311 Farragut Avenue is a Single Family home for sale in Colorado Springs, CO 80909, listed at $730,000. Current listing information about 311 Farragut Avenue indicates the property features, 6 beds, 3 baths, and has approximately 1,536 square feet of living space, with a lot size of 0.19 acres, and was originally constructed in 1952. The current price per square foot is $475. The average price per square foot for properties in 80909 is $261. The average list prices for similar properties for sale is $438,121. To schedule a private showing of MLS# 3263953 at 311 Farragut Avenue in East End Addition, contact your Colorado Springs real estate team at 719-338-7294.

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