Income-Generating Townhome. This 3-bedroom, 3.5-bath townhome offers a fantastic opportunity for investors looking to add a high-demand rental property to their portfolio. Located in the desirable North Colorado Springs area, this freshly painted and carpeted townhome is situated in a thriving rental market, ensuring consistent tenant interest and steady cash flow potential. The open-concept main floor includes a bright living room with a sky light and a cozy gas fireplace. The kitchen offers all appliances, ample storage, and two windows, making it an appealing space for tenants. The upstairs includes two generously sized bedrooms, including a primary suite with a full bath, vaulted ceilings, & sky light. Loft space offers flexibility for tenants needing extra space for family or a home office. Outdoor Space: A fenced patio provides tenants with their own outdoor area, perfect for relaxation. The townhome includes a 2-car attached garage, in-unit laundry with washer/dryer, and central heating-features that are highly attractive to potential renters. HOA covers landscaping and snow removal, minimizing the maintenance requirements for property owners and ensuring the exterior is always well-kept. This property is located in the sought-after Cottonwood Creek area, close to schools, parks, shopping, and dining. With easy access to hiking trails, and major roadways like I-25 and Powers, it's a convenient location that appeals to a wide range of renters. With rental demand strong in this area and the property offering many amenities in the community, this townhome is poised to generate consistent rental income. Whether you're a seasoned investor or just starting to build your real estate portfolio, this is an ideal opportunity to invest in a property with significant long-term value.
Utility FeaturesElectricity Available, Cable Available
SEWERCity Sewer, Public Sewer
WATER SOURCECity Water
Year Built1986
BasementPartial, Partially Finished
FINISHED BASEMENT SIZE594.0
RoofComposition
EXTERIOR FEATURESTennis Court(s)
Lot FeaturesGutters
Garage spaces2
CITYColorado Springs
SUBDIVISIONCottonwood Creek
COUNTYEl Paso
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
COMMUNITY FEATURESClubhouse, Tennis Court(s), Pool
HOA1
TAX AMOUNT1265.0
HOA FEE340.0
HOA FREQUENCYMonthly
LATEST UPDATE2025-08-09T06:09:58.651Z
DAYS ON MARKET139
PRICE CHANGE(S)
$339,900 Jul 14, 2025
Market Trends
New Properties On Market
20
54%
Increase In New Listings
Average Asking Price
$644,626
$202,608 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$228
$2 Increase In List Price/Sq. Ft.
Average Days On Market
10
22 Day
Decrease In Days On Market
Data as of Sep 11, 2025.
Remaining statistics above are calculated on activity within the period from Jul 01, 2025 to Aug 31, 2025.
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