1914 Monument
VA Assumable
4.98% Rate
50 photos
Click to enlarge

1914 Monument

Colorado Springs, CO 80909

2
Bedrooms
2
Bathrooms
1,176
Sq Ft

Payment Calculator

$2,659per month

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?$22,500
$22,500$180,874
Secondary Financing8.5% Rate
$158,374
Blended rate6.28% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,702/mo
Assumable @ 4.98% + gap
$2,659/mo
$43less per month
$43
per month
$515
per year
$15,441
over 30 years

🏦 Loan Details

List Price
$450,000
Assumable Rate
4.98%
Remaining Balance
$269,126
Loan Type
VA
Est. Equity Gap
$0
Annual Taxes
$1,051

About This Home

INVESTMENT OPPORTUNITY - HOUSE HACK - 1914 E. Monument St is a side-by-side duplex walking distance to the Olympic Training Center. One unit is currently leased and professionally managed by Atlas Real Estate, providing immediate rental income from day one. The second recently renovated unit is vacant, giving a buyer two clear paths: add a duplex to an investment portfolio, or house hack by living in one unit while the tenant's rent offsets the mortgage. PROPERTY HIGHLIGHTS: Side-by-side duplex on a single lot, One unit currently leased under, professional property management, Off-street parking and on-site laundry, Duplex set up with each unit having their own furnace, water heater, and, laundry units., Large three car driveway, Private and shared yard space, Updated finishes (new paint, new kitchen, upgraded flooring/appliances in front unit). LOCATION: Minutes from downtown Colorado Springs, close to Patty Jewett Golf Course, Olympic Training Center, Palmer Park, and UCH-Memorial Hospital's central campus (under a mile away). Colorado College is under 3 miles away, and the area has a mix of cafes, parks, schools, and shops with mountain views. THE OPPORTUNITY: Option of giving an investor immediate cash flow or an owner-occupant a built-in path to house hacking.

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.

This listing
$450,000
4.98% rateVA

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472