4 Cheyenne Boulevard, Colorado Springs

Attention Investors with vision! This property is located in the heart of flourishing Ivywild on a .40 acre fenced lot with Main House, Carriage House & Cottage! So many additional possibilities exist here being zoned R5! Picture what this lot could be in the future $$. The location is superb as you are right in the heart of the revitalization of Ivywild & Creekwalk - walk to the shops that offer lifestyle, retail shops, excellent dining options, Sprouts, walking/bike paths & EV charging stations. Presently, the income potential starts with the remarkable Folk Victorian main house showcases precious Old World character and charm with a large wrap around covered porch, beautiful mill work, chair rails, crown molding, original built ins and a nice flowing floorplan. A separate laundry room is a bonus and unfinished basement that is perfect for storage. Tasteful updates include the kitchen cabinets, countertops and appliances which provides modern convenience. The separate 1 Bedroom Cottage is also a great source of income or a perfect place for guests. The separate carriage house is heated and could be converted to a garage or remain as office space.
*Note* Main House is Approx. 1918 Sq Ft with 3 Bedrooms (one is non-conforming with no closet/could make a nice office, den or bedroom), 1 Full and 1 Half Bath, kitchen, dining room, living room, large office/den, laundry room and unfinished basement, the Cottage is Approx. 493 Sq Ft with 1 Bedroom, 1 Full Bath and a Living Room. The Carriage House is Approx. 307 Sq Ft and heated - the current owners had a Use Variance approved for having a business in this space. The paved parking area can easily fit 4+ cars. Plenty space for RV Parking. This property is unique with so much potential ~ truly an outstanding investment! Come take a look. Again, Zoned R5.