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Backup Offers

16-18 Mount Washington Dr, Colorado Springs, CO, 80906

$515,000

Home List Price

$6,116*

Closing Credit

5 Bedrooms
3 Baths
Multi

Location

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16-18 Mount Washington Dr, Colorado Springs$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1956
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s)
BasementYes
FireplaceTwo, Wood Burning
MLS #3923903
Lot Size0.28 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 16-18 Mount Washington Dr

This duplex with a two-car garage presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil southwest neighborhood, mere minutes away from the esteemed Broadmoor, Garden of the Gods, Old Colorado City, and Downtown. Boasting an impeccable rental history, both units have long-standing tenants, providing a turnkey solution for prospective buyers. One unit features 3 main-level bedrooms and 1 bath, a generous living room, dining room with a fireplace, and a lower-level family room. The main level has solid hardwood floors throughout. The kitchen has solid wood cabinets and a pantry. From the basement, there is access to a huge unfinished shop/storage area that extends under both homes. The large yard is fully fenced and includes concrete patio space. The other unit has 2 bedrooms and 1 bath, with an oversized great room and dining area. The adjoining kitchen has wood cabinets and a gas range/oven. This unit also has access to the unfinished basement shop area. Additional features include newer vinyl energy-efficient windows, ceiling fans, off-street parking, and more. Whether you prefer long-term rentals or capitalizing on the mid-term rental market, this property is ideally situated among the most desirable city amenities. See it today

Property Details

Property Features

Property Information:

  • Year Built: 1956

Listing Office:

  • Office Name: The Platinum Group
  • Office Phone: (719) 536-4444
  • Listing Agent: Edward Behr CRS GRI

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Two, Wood Burning

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Med. Sold Price

$455K

Med. Price/SqFt

$232

Avg. Days On Market

40

# of Sold Homes

217

16-18 Mount Washington Dr vs Colorado Springs

114 DAYS ON ROCKET

+74 Days

$515,000

+$60K More

KEY TAKEAWAY

This property is $60K more than the Median Sold Price in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #3923903

Listing Office:

  • Office Name: The Platinum Group
  • Office Phone: (719) 536-4444
  • Listing Agent: Edward Behr CRS GRI

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-635166
8
/10
  • The Vanguard School (Elementary)

  • 1832 S Wahsatch Ave

  • 0.43 miles

  • Public Charter Grades KG-6

school-card-donut-635167
4
/10
  • Stratton Meadows Elementary School

  • 610 Brookshire Ave

  • 0.73 miles

  • Public District Grades KG-5

school-card-donut-635168
8
/10
  • Broadmoor Elementary School

  • 440 W Cheyenne Mountain Blvd

  • 1.17 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,040. Typical income of Colorado Springs, CO residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Colorado›El Paso County›Colorado Springs›80906›16-18 Mount Washington Dr

This home is located at 16-18 Mount Washington Dr in Colorado Springs, CO and zip code 80906 in the Ivywild neighborhood. This home, which was built in 1956, sits on a 0.28 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $515,000.

In October 2024, from all listings sold in Colorado Springs, CO there were more than 52 sold above asking price, over 99 sold below and more than 66 were sold right at the asked price. The inventory of homes for sale in Colorado Springs, CO between September 2024 and October 2024 increased by 26.2%. In October 2024 median list price was $455,000 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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