208 E Missouri Avenue, Fountain, CO 80817
Local realty services provided by:ERA Shields Real Estate
208 E Missouri Avenue,Fountain, CO 80817
$315,000
- 3 Beds
- 2 Baths
- 1,265 sq. ft.
- Multi-family
- Active
Listed by: cody phillipsCodyp@navcolorado.com,720-934-4231
Office: nav real estate
MLS#:8834072
Source:ML
Price summary
- Price:$315,000
- Price per sq. ft.:$249.01
About this home
Excellent investment opportunity in the heart of Fountain! This well-positioned duplex produces $2,110 in monthly rental income and offers a strong opportunity for investors or owner-occupants looking to offset their mortgage. The property features two units one 2-bedroom, 1-bath and one 1-bedroom, 1-bath. Each equipped with their own in-unit washer and dryer, a highly desirable feature for tenants.
Built in 1966 and situated on a 5,000 sq ft lot just one block from Main Street, the property offers convenient access to local shops, restaurants, parks, and everyday amenities. Its location places it just minutes from Fort Carson and a short drive to Colorado Springs, making it an attractive option for tenants seeking both convenience and accessibility.
With current rents producing an estimated 6.2% cap rate, this duplex presents a compelling investment opportunity in a rental market with strong demand. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers flexibility and long-term potential....
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Home facts
- Year built:1966
- Listing ID #:8834072
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,265 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1966
- Building area:1,265 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Frame, Stucco
- Exterior Features:Private Yard
- Levels:1 Story
Schools
- High school:Fountain-Fort Carson
- Middle school:Fountain
- Elementary school:Aragon
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$249.01
- Tax amount:$828 (2024)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
Parking
- Total parking spaces:2
- Parking description:Gravel
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