For Sale Multi-Family MLS# 3559371

111 W Fountain Boulevard

Colorado Springs, CO 80903

$449,900

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About 111 W Fountain Boulevard

Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.

Property details

Property

Type
multi
Year built
1898
Lot
0.0826 ac
List date
Jun 12, 2026

Schools

District
Colorado Springs School District 11

Location

Subdivision
Downtown Colorado Springs
Neighborhood
Downtown Colorado Springs

Location

Neighborhood
Downtown Colorado Springs
School district
Colorado Springs School District 11

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Listed by Caleb Skelton, Buy Smart Colorado

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.