311 High Street Palmer Lake, CO ^$ 465,000

311 High Street

^$ 465,000

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311 High Street

Palmer Lake, CO, 80133

^$ 465,000

Studio Baths0.0

Monthly Estimate*

^$ 3,091

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Studio

Multi-Family Home for sale in Palmer Lake, CO

for $465,000. This home was built in 1971 on a lot size of 0.37.

Calling all savvy investors! This exceptional duplex offers a stable income stream in a highly desirable location. Situated close to Monument, Colorado Springs, and Castle Rock, these units provide easy access to urban amenities with a charming small-town feel. Key features: • Two well-maintained 2-bedroom, 1-bathroom units: Both units are currently occupied by long-term tenants with leases ending October 31st, 2025. • Upper unit: Features a convenient portable dishwasher and in-unit washer and dryer. • Lower unit: Enjoys access to a shared washer and dryer. • Prime location: Residents can enjoy the convenience of nearby dining, shopping, and entertainment options in Monument, Colorado Springs, and Castle Rock. Don't miss out on this fantastic opportunity! This well-maintained duplex offers a strong return on investment and a chance to own property in a thriving area.

Multi-Family Contingent

Price

^$ 465,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,551

Style

Duplex

Lot Size

0.37

Year Built

1971

Town/City

Palmer Lake

County/Region

El Paso

MLS | Web ID

2501295

Features

General

Utilities Electricity Connected Natural Gas Connected

Roof Composite Shingle

Appliances 220v in Kitchen Kitchen Vent Fan Oven Range Refrigerator

Water Municipal

School District Lewis-Palmer-38

Property Type Income

Yearly Taxes 1551.11

Tax Year 2022

Status Under Contract - Showing

Sub Type Duplex

Exterior

Siding Alum/Vinyl/Steel

Fence None

Structure Framed on Lot

Lot Size 0.3700

Foundation Full Basement

Parking Spaces 4

Interior

Laundry Facility Common

* Excluded Features

List By

Keller Williams Partners

Broker

Mike@tandemestatesales.com

Affordability Calculator

$3,220

Per Month

Monthly Principal & Interest: $3,091
Monthly Property Taxes: $129
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Palmer Lake, CO

Average List Price ^$465,000

Percent of Sale Price 0%

About Palmer Lake, CO

2,377 Population

32% Since 2002

^$77,637 Median Income

45.86 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3074835 Elementary School

3074831 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$465,000		Listed Price

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311 High Street, Palmer Lake, CO, 80133 is a Multi-Family Home for sale at $465,000 with a lot size of 0.37. 311 High Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 80133 which is in Palmer Lake, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Pikes Peak REALTOR(R) Services Corp.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of The Pikes Peak REALTOR(R) Services Corp. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Data is updated as of 5/25/2024.

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311 High Street

Multi-Family Home for sale in Palmer Lake, CO

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