Colorado Springs, CO 80907,716-718 W Madison ST
Colorado Springs, CO 80907,716-718 W Madison ST
Colorado Springs, CO 80907,716-718 W Madison ST
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$449,900
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8,000 Sqft Lot
Price Dropped by $50K

716-718 W Madison ST Colorado Springs, CO 80907

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Marquesa Hobbs, Realtor

Marquesa Hobbs, Realtor

+1(719) 238-0330

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6643556

Construction Status Existing

HOA Y/N No

Year Built 1939

Annual Tax Amount $1,084

Tax Year 2024

Lot Size 8,000 Sqft

Property Sub-Type Duplex

Property Description

This fully remodeled duplex offers an exceptional investment opportunity in one of Colorado Springs' most desirable and centrally located neighborhoods. Each Unit features a spacious Two bedroom, one bath floor plan and was completely renovated just moths ago with modern, high end finishes throughout. Improvements include new luxury vinyl plank flooring, fresh interior paint, beautifully tiled bathrooms, updated cabinetry, granite countertops, and stainless steel appliances, creating a clean and contemporary living experience that appeals to today's renters. A durable metal roof adds long term value and reduces future maintenance concerns, while a detached two-car garage (currently not included in the existing leases) provides additional upside potential. Ideally positioned near downtown Colorado Springs, residents enjoy close proximity to Memorial Park, the US Olympic and Paralympic Museum, the Colorado Springs Fine Arts Center, vibrant dining and nightlife, scenic trails, and easy access to major thoroughfares leading toward Pikes Peak and surrounding outdoor recreation. This turn key property combines modern upgrades, strong rental appeal, and an outstanding location, making it a compelling addition to any real estate portfolio.

Location

State CO

County El Paso

Area Roswell City

Interior

Cooling None

Laundry Electric Hook-up

Exterior

Utilities Available See Prop Desc Remarks

Roof Type Metal

Building

Water Municipal

Structure Type Framed on Lot,Frame

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Not Applicable

Pikes Peak MLS (PPAR)
Listed by Buy Smart Colorado

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Chipeta Elementary School

    Public | PK - 5

  • 8

    Howbert Elementary School

    Public | PK - 5

  • 8

    Academy for Advanced and Creative Learning

    Public | KG - 8

  • 8

    Taylor Elementary School

    Public | PK - 5

  • 7

    Steele Elementary School

    Public | PK - 5

  • 7

    Columbia Elementary School

    Public | PK - 5

  • 6

    Bristol Elementary School

    Public | PK - 5

  • 6

    Edison Elementary School

    Public | PK - 5

  • 6

    Stratton Elementary School

    Public | PK - 5

  • 5

    Jackson Elementary School

    Public | PK - 5

  • 5

    Pikes Peak Preparatory

    Public | KG - 12

  • 4

    Midland Elementary School

    Public | PK - 5

  • 4

    West Elementary School

    Public | PK - 5

  • 3

    Queen Palmer Elementary School

    Public | PK - 5

  • 2

    Hunt Elementary School

    Public | PK - 5

  • 0

    Mountain Song Community School

    Public | PK - 6

  • 0

    The University School

    Private | PK - 12

  • 0

    Giving Tree Montessori School

    Private | PK - KG

  • 0

    Buena Vista Elementary School

    Public | PK - 6

  • 0

    Salem Lutheran School

    Private | PK - 7

Middle Schools 6
  • 9

    Thomas Maclaren State Charter School

    Public | 6 - 12

  • 6

    West Middle School

    Public | 6 - 8

  • 5

    Holmes Middle School

    Public | 6 - 8

  • 5

    North Middle School

    Public | 6 - 8

  • 4

    Mann Middle School

    Public | 6 - 8

  • 2

    Galileo School of Math and Science

    Public | 6 - 8

High Schools 6
  • 7

    Civa Charter Academy

    Public | 9 - 12

  • 6

    Colorado Springs Early Colleges

    Public | 9 - 12

  • 5

    Coronado High School

    Public | 9 - 12

  • 5

    Palmer High School

    Public | 9 - 12

  • 0

    Community Preparatory Charter School

    Public | 9 - 12

  • 0

    Life Skills Center of Colorado Springs

    Public | 9 - 12

School and business data provided by Attom Data.

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Marquesa Hobbs, Realtor

Marquesa Hobbs, Realtor

+1(719) 238-0330

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716-718 W Madison ST