533 17th
Colorado Springs, CO 80904
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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
- $550,000
- Assumable Rate
- 3.16%
- Remaining Balance
- $459,713
- Loan Type
- VA
- Est. Equity Gap
- $169,423
- Annual Taxes
- $1,500
About This Home
Previously a successful long term rental, this property offers both a unique opportunity and the luxury of options. Whether you choose to continue renting out a portion of the property or utilize the cottage for multi-generational living, you will love all this property has to offer. The treed lot and long driveway provide privacy for you to enjoy the west side views on the front porch or back patio. The 3 bedroom, 3 bathroom, 1700sqft house boasts a spacious living room, dedicated dining area, renovated kitchen, and two en-suites. At the back of the property, you have a 1 bedroom, 1 bathroom cottage. The cottage has an open concept floor plan that would be perfect for long term guests, multigenerational living, or could operate as a rental to help offset your mortgage. Rounding out the property is the close proximity to Old Colorado City and Downtown, trails, and everything the west side has to offer. Ask about the Assumable loan, book a showing, take a walk through the virtual tour, and start planning your next chapter on the west side!
Data Source: Pikes Peak MLS (PPMLS)
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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📞 (719) 624-3472