724-726 Pioneer Lane
FHA Assumable
4.17% Rate
40 photos
Click to enlarge

724-726 Pioneer Lane

Colorado Springs, CO 80904

4
Bedrooms
3
Bathrooms
2,571
Sq Ft

Payment Calculator

$3,288
per month, total
$31,250
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$31,250
$31,250$217,545
Second loan$186,295
%
Blended rate5.21% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,753/mo
Assumable @ 4.17% + gap
$3,288/mo
$465
per month
$5,579
per year
$167,366
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$625,000
Assumable Rate
4.17%
Remaining Balance
$407,455
Loan Type
FHA
Est. Equity Gap
$217,545
Annual Taxes
$2,024

About This Home

This investment opportunity offers income-producing duplex, featuring 2 spacious units, both currently rented & offering comfortable living spaces, desirable amenities, & beautiful Colorado views. 724 showcases a fresh, inviting interior. The living room hosts a wood-burning fireplace framed by a white brick accent wall & hearth, flanked by mirror-backed shelving that adds character & charm. The kitchen features white cabinetry, newer appliances, & a peninsula island with breakfast bar seating. The dining area opens to a private patio, creating an easy transition to outdoor living. The main level also includes a 1/2 bath and laundry closet. The upper level offers a generously sized primary bedroom with dual closets & access to an upper shared deck, where you can enjoy views of Pikes Peak & Garden of the Gods. A spacious secondary bedroom features 2 closets & direct access to the hall bathroom, providing convenience & functionality. Unit 726 offers a reverse floor plan with a similar layout & its own inviting white brick fireplace accent wall & built-in shelving. This unit features warm, dark oak kitchen cabinetry, a combination of stainless steel & black appliances, with tan carpeting for a more traditional feel. Additional highlights include multiple closets, built-in shelving, a large unfinished basement, & 2 walk-outs offering ample light & access outdoors. The rear of the home provides off-street parking for all tenants. Conveniently located near schools, parks, shopping, & entertainment, with easy access to I25, this property offers an appealing combination of accessibility & lifestyle convenience. With both units currently rented, this duplex presents an excellent opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other. The combination of updated finishes, functional layouts, outdoor living spaces, & ideal location makes this property a wonderful addition to any investment portfolio.

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$625,000
4.17% rateFHASave $465/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 618-3936