27 Dorchester Drive, Colorado Springs, CO

About 27 Dorchester Drive

This duplex will be sold with the single-family home next door - 23 Dorchester. They each sit on R2 zoned lots and are being sold together providing a great investment opportunity. This unique property is located across the street from the Ivywild school and is also within close proximity to the newly developed Creekwalk shops and restaurants, Cheyenne Canyon, Downtown, and Fort Carson. Offering loads of options for investors and/or owner-occupants, these homes sit on two lots, each of which are zoned R2 and they total over half an acre. One of the lots has a duplex and a large two-car garage/shop and laundry room. The lower unit has 3 bedrooms and 2 bathrooms, the upper unit has 2 bedrooms and one bathroom. The single-family home on the second lot has 3 bedrooms and 2 bathrooms. The single-family home and the lower unit of the duplex have been newly renovated and are in really great condition. The upper unit of the duplex is rented on a month-to-month lease. The total lot size is over 1/2 an acre and provides ample off-street parking and is well landscaped with large trees, a shed, and a fenced backyard area. An owner could live in one of the units and manage the others, or all three units could be rented out, along with the garages for a sound investment. Additionally, with the strong development in the area, a second home could be added to the lot with the single-family home for additional income, and/or you could convert the duplex back to a single-family home and then add another home at the front of that lot. Lots of possibilities! With the growth and redevelopment of the southern part of downtown and Creekwalk, this property provides a terrific investment for both the short term and the long term. Extras include new roofs, new stucco, and new electrical panels.

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