713 S Sheridan Avenue
Colorado Springs, CO 80910

**Take advantage of a $5,000 Seller Credit at closing to help reduce your upfront costs or buy down your interest rate!**Rare income opportunity near downtown Colorado Springs! This ranch bungalow features two separate living spaces, including a full apartment in the lower level with a great rental history. Rent both units, house hack by living in one and renting the other, or accommodate extended family while keeping income flexibility.The main-level unit offers two bedrooms, a three-quarter bath, a bright living room with a charming window seat, a dining area, and a kitchen with stainless steel appliances and ample cabinet space. A covered front porch adds curb appeal and tenant appeal.The lower-level apartment has its own separate entrance, a bedroom, a bathroom, and a kitchenette, giving occupants of both units privacy and independence.Investors will appreciate the low-maintenance stucco exterior and the desirable R-2 zoning. Alley access, abundant off-street parking, and RV parking reduce parking concerns for multiple households. The fully fenced yard and a separately fenced patio with a hot tub add amenities that help attract and retain quality tenants.Location drives rental demand, and this one delivers. Memorial Park is a short walk away with trails, Prospect Lake, playgrounds, the annual Balloon Festival, and Fourth of July fireworks, while downtown dining, shopping, entertainment, and employment are just minutes away.Whether you're building a portfolio, offsetting your own mortgage, or planning for multi-generational living, this property offers flexibility, income potential, and a central location that's hard to find. Schedule your showing today!

Property Features