Property Description

Turnkey downtown duplex with two separate addresses â?? 904 E Moreno Ave (1BR/1BA) & 529 S Institute St (2BR/1BA) â?? sitting on a corner lot just blocks from downtown Colorado Springs. Both units are fully leased and cash-flowing, generating $2,800/month combined gross rent ($1,180 + $1,620). Units are in solid, well-maintained condition with clean, long-term tenants in place. Each unit offers its own fenced front yard and private garage/storage space at the rear â?? a rare combination for a downtown property. Unbeatable location just steps from Switchback Coffee Roasters and minutes from Acacia Park, Monument Valley Park, and the restaurants and shops of downtown Colorado Springs. Close proximity to Colorado College and Pikes Peak Community College adds to consistent rental demand. Ideal for an investor seeking immediate income with minimal management, or an owner-occupant looking to live in one unit while renting the other.

Property Features