$550,000

Estimated payment $3,201/month

Total Views 108
3 Beds
1 Bath
1,736 Sq Ft
$317 Price per Sq Ft

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Oversized Parking
  • Property is near a park
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

Rare investment opportunity—TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both 117 S Limit and 125 S Limit, two detached single-family homes situated on an oversized, high-visibility C-5 zoned lot. Ideal for investors, house hackers, or small business owners, this property offers incredible flexibility. The C-5 zoning allows for mixed-use, live/work, retail, office space, or traditional rental income. Each home features its own private entrance, laundry area, partial basement, and updated mechanicals, including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas and 1 bath. Both units are equipped with gas hookups and 220V connections, providing added versatility. A detached 1-car garage, off-street parking, and partial fencing add further value for tenant convenience or business access. Located in a high-traffic area within walking distance to restaurants, shops, and nightlife, this is an exceptional opportunity to own two homes on one centrally located lot with zoning that supports long-term income and growth potential. Don’t miss this chance to secure a mixed-use property with endless possibilities!

Listing Agent

Tiffany Canady

Real Broker, LLC DBA Real Brokerage Phone: 720-807-2890 Listed on: 06/02/2025

Real Broker, LLC DBA Real

Co-Listing Agent

Brian Canady

Real Broker, LLC DBA Real Brokerage Phone: 720-807-2890

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1898

Lot Details

  • 6,290 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mountain Views
  • Partial Basement

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Bathroom

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Schools

  • West Elementary And Middle School
  • Coronado High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1898

Lot Details

0

Parking

1

Listing Details

  • Total Bathrooms: 1
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 973
  • Fill Sq Ft Total: 1736
  • Year Built: 1898
  • Attribution Contact: 720-807-2890
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Type: None
  • Floor Plan: 2 Story
  • Flooring: Carpet, Vinyl/Linoleum
  • Finished Sq Ft: 1493
  • Sq Ft Total Bsmt: 243

Exterior Features

  • New Construction: Existing Home
  • Fence: See Prop Desc Remarks
  • Foundation Details: Partial Basement
  • Lot Type: Level, Mountain View
  • Lot Location: Near Park, Near Schools, Near Shopping Center
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Framed on Lot, Frame

Garage/Parking

  • GarageAmenitities: Oversized
  • Garage Spaces: 1
  • Garage Type: Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Schools

  • School District: Colorado Springs 11
  • Elementary School: West
  • Middle School: West
  • High School: Coronado
  • Elementary School: West
  • High School: Coronado
  • Middle Or Junior School: West
  • School District: Colorado Springs 11

Lot Info

  • Program Acres Total: 0.1444
  • Lot Size: 6288.0000

Tax Info

  • Flip Tax Amount: 1359.77
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,247 $28,870 $4,290 $24,580
2022 $1,050 $18,770 $2,970 $15,800
2021 $1,140 $19,320 $3,060 $16,260
2020 $1,140 $16,790 $2,600 $14,190
2019 $1,133 $16,790 $2,600 $14,190
2018 $988 $13,460 $2,400 $11,060
2017 $935 $13,460 $2,400 $11,060
2016 $760 $13,110 $2,650 $10,460
2015 $757 $13,110 $2,650 $10,460
2014 $724 $12,030 $2,390 $9,640
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

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Source: Pikes Peak REALTOR® Services

MLS Number: 3734464

Pikes Peak REALTOR® Services

APN: 74131-29-013