Listing Courtesy of: 
elevateMLS / Better Homes And Gardens Real Estate Kenney & Company / Matthew Orsillo - Contact: 719-550-1515
elevateMLS / Better Homes And Gardens Real Estate Kenney & Company / Matthew Orsillo - Contact: 719-550-1515 12 W Monroe Street Colorado Springs, CO 80907
Active
$1,000,000 (USD)
Description
Unique income producing property next to CommonSpirit hospital downtown. This beautifully remodeled property has several different avenues to create passive income or help offset the mortgage payment. The main house has 5 bedroom and 3 bathroom plus a detached 2 car garage. The basement unit, accessed from an exterior entrance has been successfully used as both a short term rental and mid term rental, perfect for traveling nurses or other guests. Basement unit has a large bedroom, living, kitchen, 3/4 bath and access to shared basement laundry. Above the garage is an additional studio unit that also has a proven track record as a mid and long term rental.
MLS #:
3741259
3741259
Taxes
$2,575(2024)
$2,575(2024)
Lot Size
9,000 SQFT
9,000 SQFT
Type
Multifamily
Multifamily
Year Built
1951
1951
School District
Colorado Springs 11
Colorado Springs 11
County
El Paso County
El Paso County
Listed By
Matthew Orsillo, Better Homes And Gardens Real Estate Kenney & Company, Contact: 719-550-1515
Source
elevateMLS
Last checked May 12 2026 at 5:26 PM MDT
elevateMLS
Last checked May 12 2026 at 5:26 PM MDT
Bathroom Details
Kitchen
- Refrigerator
- Dishwasher
- Microwave
- Range
- Disposal
- Gas In Kitchen
- Dryer
- Washer
Heating and Cooling
- Forced Air
- Natural Gas
- Central Air
- Ceiling Fan(s)
Basement Information
- Full
- Walk-Out Access
Exterior Features
- Stucco
- Roof: Shingle
Utility Information
- Utilities: Electricity Connected, Natural Gas Connected
- Sewer: Public Sewer
Additional Information: Kenney & Company | 719-550-1515
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Most recently updated as of {5/12/26 10:26}.
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Most recently updated as of {5/12/26 10:26}.
