$550,000
For Sale

117 S Limit Street

Colorado Springs, CO 80905
2524 sqft | 4 beds | 0.15 acres | #3810638
Listing OfficeRealty One Group Premier
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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, 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.

  • Property Details
      • Sewer InformationCity Sewer, Public Sewer
      • Utility FeaturesElectricity Available
      • BasementPartial, Unfinished
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • SubdivisionWest Bluff
      • High SchoolCoronado
      • CountyEl Paso
      • MLS #3810638
      • MLS #3810638
      • Cost550000
      • Lot DescriptionLevel
      • Acres0.15
      • Square Feet2524
      • Year Built1889
      • Elementary SchoolWest
      • Middle SchoolWest
      • Bedrooms4
      • Parking Spaces1

Location

Wendy GallisonReal Estate Group
OR

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