711 Spruce
Colorado Springs, CO 80905
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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.
🏦 Loan Details
- List Price
- $519,000
- Assumable Rate
- 2.9%
- Remaining Balance
- $299,423
- Loan Type
- VA
- Est. Equity Gap
- $219,576
- Annual Taxes
- $1,158
About This Home
Cozy Home + Modern 2022 ADU — The Perfect Blend of Comfort and Income Opportunity. Welcome to this charming 2-bedroom, 1-bath home on a 6,000 sq. ft. lot, offering the perfect setup for anyone looking for a comfortable place to live and a smart investment at the same time. With 1,052 sq. ft. of living space, the classic charm combined with practical updates of the main home feel warm and inviting. Setting this property apart is the functional and newer built additional dwelling unit on the property. Built in 2022, this additional unit features 2 bedrooms, 1 bathroom, and a versatile loft area, offering an incredible opportunity for rental income, office space or multigenerational living. Whether you choose long-term tenants, short-term rentals, or a private suite for guests, the options for flexibility are second to none. Located just minutes from Downtown Colorado Springs and Old Colorado City, this home sits in a highly desirable area with great demand for rentals. And with easy access to I-25, commuting is simple for you—or your future tenants. Come explore the flexible possibilities of this must-see, cozy home that's conveniently close to places you'll love.
Data Source: REcolorado MLS
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.
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