CO > Colorado Springs > Ivywild
Colorado Springs, CO 80905,120 W Ramona AVE
Colorado Springs, CO 80905,120 W Ramona AVE
Colorado Springs, CO 80905,120 W Ramona AVE
48
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$1,200,000
Est. payment /mo
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9 Beds
7 Baths
5,739 SqFt
New

120 W Ramona AVE Colorado Springs, CO 80905

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Gary Davis

Gary Davis

+1(303) 910-7826

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,739 sqft

Price per Sqft $209

Subdivision Ivywild

MLS Listing ID 6597045

Bedrooms 9

HOA Y/N No

Abv Grd Liv Area 3,807

Originating Board recolorado

Year Built 1941

Annual Tax Amount $2,784

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Duplex

Property Description

OPEN HOUSE on Saturday, March 29 from 11am-2pm. Don't miss your chance to own a coveted investment opportunity in the Ivywild neighborhood of Colorado Springs! Currently used as a short term rental, this 9-bedroom, 7-bathroom duplex offers multiple rental strategies including midterm, long-term, or short-term rental / house hack options. Seller was renting to midterm guests at $3500/mo per unit. Unit A is 5bds, 3 baths, 3,039sqft, and was fully renovated in 2021. Unit B is 4bds, 3.5 baths, 2,984sqft and newly built in 2021. Both units have open concept kitchens and vaulted ceilings. The property includes two garages and eight parking spaces, providing ample room for tenants or guests. Conveniently located just 8 minutes to downtown Colorado Springs, 7 minutes to The Broadmoor, and 12 minutes to Garden of the Gods. This is a rare opportunity to secure a turn-key, high-income investment property in a prime location!

Location

State CO

County El Paso

Zoning R2

Rooms

Basement Finished, Full, Interior Entry

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Garage Spaces 2.0

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

Schools

Elementary Schools Broadmoor

Middle Schools Cheyenne Mountain

High Schools Cheyenne Mountain

School District Cheyenne Mountain 12

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

REColorado (REColorado MLS)
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Good Neighbor LLC • olivia@thegoodneighbors.com,508-221-2524

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agent

Gary Davis

Broker Associate | License ID: 317958

+1(303) 910-7826

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120 W Ramona AVE