111 W Fountain Boulevard, Colorado Springs, CO 80903

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 6, 2026 at 2:16PM

Listing Office:

Buy Smart Colorado : 719-310-8464

Listing Agent:

Caleb Skelton : (719) 216-4057

MLS ID:

3559371

Interior

• Appliances: OvenRefrigerator
• Laundry: Electric Hook-up
• A/C: None
• Heating: BaseboardElectricNatural Gas

Location

• Originating MLS: Pikes Peak REALTOR® Services
• School District: Colorado Springs 11
• County: El Paso

Lot

• Zoning: 6419214003

Utilities

• Utilities: See Prop Desc Remarks
• Water: Municipal
• Sewer: Sewer

Financial

• Source: Pikes Peak REALTOR® Services