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518 E Madison Street, Colorado Springs, CO 80907

$507,000
  • 518 E Madison Street, Colorado Springs, CO 80907 Main Photo

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New to the Market Active
BEDS5 BATHS2 SQUARE FEET1,768 MLS#4743467
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONBonnyville

Property Description

Welcome to the highly sought out Bonnyville neighborhood. Located in the heart of Colorado Springs just north of downtown, adjacent to the Patty Jewett golf course, and a short commute to I-25. A combination of rich history known for its quiet, safe, tree-lined streets, and community friendly atmosphere. Highly walkable with easy access to Bonforte Park, the Bon Shopping Center, and Penrose Main Hospital. Once you step inside, you'll know this newly renovated home is the ONE with beautiful hardwood floors, an abundance of natural light complimented with new light fixtures, an updated kitchen with stainless steel appliances, refreshed bathrooms, new LVP flooring, new carpet, and fresh paint. This property offers a perfect blend of comfort, style, and investment options (a strong proven rental history). With 5 bedrooms, 2 full bathrooms, a walkout basement complete with a kitchenette the possibilities are endless - single family home, multigenerational living, short term rental (Vrbo or AirBnB), or mid term rental (traveling nurses). There is plenty of room for families, guests, or tenants. Additional updates include: a new roof in 2024, a new furnace in 2024, and a new water heater in 2023. If you're looking for a home in a neighborhood where deep and lasting relationships will be made, look no further, make this house YOUR HOME! A SOLID HOME! A SOLID INVESTMENT!

518 E Madison Street | MLS# 4743467

This single family home located at 518 E Madison Street, Colorado Springs, CO 80907 is currently listed for sale with an asking price of $507,000. This property was built in 1914 and has 5 bedrooms with 1768 sq. ft. E Madison Street is located in the Bonnyville subdivision. Search Bonnyville real estate on www.progressiveurban.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s)
Fenced: Yes
Garage: 2
Heating: Forced Air, Natural Gas
Lot Size: 0.13 Acres
Roof Type: Composite Shingle
Stories: 1.0
Taxes: $110
Year Built: 1914

Feature Descriptions

Appliances: 220v in Kitchen, Cook Top, Dishwasher, Dryer, Kitchen Vent Fan, Microwave Oven, Oven, Range, Refrigerator, Washer
Basement/Foundation: Full Basement, Walk Out
Days on Site: 1
Existing Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Exterior: Wood
Fence: All
Floor Plan: Ranch
Floors: Carpet, Wood, Luxury Vinyl
Garage Type: Detached
Laundry Facilities: Basement, Electric Hook-up, Gas Hook-up
Lot: City View, Corner, Level
Percentage of Basement Finished: 87
Square Footage: 884 (Basement), 884 (Main)
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
View: City
Water: Municipal

Room Sizes

Bedroom - Primary: 11 x 11 Level - Main

Listed By / Shown By

Listed By

Agency Name: The Cutting Edge

Shown By

Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696

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Estimated Payment

$ 1,285.40 per month $1,128.36 Principal & Interest $9.17 Property Tax $147.88 Homeowner's Insurance

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