Stunning Downtown Home with Separate Apartment — Ideal for Multi-Generational Living or Rental Income! This beautifully updated home in the heart of Downtown offers exceptional flexibility for a college student, mother-in-law suite, renter, or home-based business. The main level features newer LVP flooring, a bright kitchen with granite countertops, updated cabinetry, and newer appliances. Main-floor laundry adds convenience. A spacious bedroom on this level opens to a private backyard deck, perfect for relaxing or entertaining. The upper level suite includes two closets, built-ins, a seating area, LVP flooring, and a new skylight that fills the room with natural light. The main level bathroom has been refreshed with a new vanity, new shower insert, and updated plumbing fixtures. From the upper level, enjoy a beautiful view of Pikes Peak. The garden-level basement apartment offers brand-new carpet, a new ¾ bath, abundant natural light through new windows, and a private entrance—ideal for rental income or multi-generational living. A large storage room provides valuable extra space. Extensive upgrades include a new electrical service panel, several new circuits added to bring the home up to code, all new receptacles and switches, updated light fixtures, a newly lined sewer line, and a new lift pump in the basement. New windows throughout! Additional improvements include a new front door and storm door, a new sliding door with in-glass blinds, rebuilt front stairs, new interior barn doors in the master, and new sliding pull-out shelves in the kitchen and pantry. The backyard features low-maintenance xeriscaping.
With RV parking, alley access to the garage, and a location just blocks from restaurants, coffee shops, and downtown amenities, this turn-key property offers outstanding income potential and flexible living options!
Property Summary: Located in the Adams & Mcdonalds subdivision, 225 N Cedar Street is a Single Family home for sale in Colorado Springs, CO 80903, listed at $540,000. Current listing information about 225 N Cedar Street indicates the property features, 3 beds, 3 baths, and has approximately 2,249 square feet of living space, with a lot size of 0.14 acres, and was originally constructed in 1901. The current price per square foot is $240. The average price per square foot for properties in 80903 is $354. The average list prices for similar properties for sale is $501,995. To schedule a private showing of MLS# 7244029 at 225 N Cedar Street in Adams & Mcdonalds, contact your Colorado Springs real estate team at 719-338-7294.