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12 W Monroe Street

Colorado Springs, CO 80907
  • $1,000,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: 3741259
UPDATED: 60 min ago
$1,000,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Better Homes and Gardens Real Estate Kenney & Company: 719-550-1515.

Description

Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.

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Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. 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 d/b/a elevateMLS. 2026-06-13T19:40:53.7.
www.tommydalyhometeam.com/homes/176370418
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12 W Monroe Street Colorado Springs, CO 80907

  • Price: $1,000,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 60 min ago
  • ID#: 3741259
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1951
Built
Neighborhood:
North End
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.
Exterior Features

Fence Rear Foundation Details Full BasementWalk Out Lot Size 9000.0000 Lot Size Units SqFt Roof Composite Shingle Siding Stucco Structure Framed on Lot

Interior Features

Appliances DishwasherDisposalDryerGas in KitchenMicrowave OvenRangeRefrigeratorWasher Cooling Ceiling Fan(s)Central Air Heating Forced AirNatural Gas Laundry Facilities CommonElectric Hook-up Unit Total Baths 5 Unit Total Beds 7

Property Features

Earnest Money 10000 Income Property Sub Type House W/Cottage Notices Not Applicable Tax Amount 2574.94 Tax Year 2024 Terms CashConventionalVA Unit Count 3 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. 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 d/b/a elevateMLS. 2026-06-13T19:40:53.7.
 
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Tommy Daly Home Team with Re/Max Properties inc.
2630 Tenderfoot Hill St.
Colorado Springs CO, 80906
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Better Homes and Gardens Real Estate Kenney & Company: 719-550-1515.
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