Courtesy of Real Broker, LLC DBA Real [email protected],719-999-5789
$550,000
Rare duplex investment opportunity with commercial flexibility! Located at 117 and 125 S Limit Street, this unique property features two separate single-family homes situated on an oversized, high-visibility lot zoned C-5, offering incredible potential for investors, owner-occupants, or small business owners. The C-5 zoning allows for mixed-use, live/work setups, retail,… Read More office space, or traditional rental income. Each home has its own private entrance, laundry area, partial basement, and updated mechanicals including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas, along with 1 bath. Both units include gas hookups and 220V connections, adding extra flexibility. The property also includes a detached 1-car garage, partial fencing, and ample off-street parking—ideal for tenant convenience or customer access. Located just minutes from downtown Colorado Springs and within walking distance to restaurants, shops, and nightlife, this property is positioned in a high-traffic area perfect for maximizing visibility and income potential. Don’t miss this one-of-a-kind opportunity to own two homes on a commercially zoned lot in a central location with endless possibilities. Read Less
Built in 1889, Living area: 2281, Levels: Two, Construction Materials: Frame
Cooling
None
Exterior Features
Patio/Porch Features: Front Porch, Private Yard
Fence
Full
Garage
1 space
Heating
Forced Air
Laundry
In Unit
Lot
0.15 acres, Level
Parking
4 total parking spaces
Roof
Composition
Sewer
Public Sewer
Taxes
Parcel Number: 74131-29-012, Annual Amount: $1,022, Legal Description: PART OF LOT 17 BLK 1 WEST BLUFF ADD COLO SPGS AS FOLS, BEG AT NW COR OF LOT 17, TH SW ON W LN 84 FT 5 INCHES, E TO PT 20 FT S OF NE COR OF LOT 17, N 20 FT, NW 124.1 FT TO POB, Year: 2024, Zoning: C5
Utilities
Electricity Connected, Natural Gas Connected
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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