321 S Graceland Grove, Colorado Springs, CO 80904
Photo 1 of 50
$1,200,000
Beds Baths Sq. Ft. Taxes Built
8 2.00 3,352 $2,876.66 2006
On the market: 80 days

Est. Monthly Payment:

$7,425($7,185 + $240 taxes*)

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APPROVED
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Welcome to an extraordinary investment opportunity offering (3) new & permitted living units with full kitchens including laundries on one expansive & versatile property—perfect for multi-generational living, rental income, or both. Unit One features 2 bedrooms, a full kitchen, a laundry, a cozy living room, a wood-burning fireplace, true Oak flooring, a modern bathroom with a large shower, & access to a private yard with a large garden—ideal for tenants, guests, or older parents. Unit Two, with all tile flooring, offers 2 bedrooms, a family room, a full kitchen with a large peninsula for bar top dining, & a laundry area—an ideal layout for a long-term rental, an STR, or guest accommodations. Unit Three is a showstopper. The main floor, with true Oak flooring, includes a full kitchen (2 sinks), a dining area, & a 3/4 bathroom. Upstairs you’ll find (3) bedrooms, 2 composite decks, a family room with mountain views, a laundry room, & an impressive primary suite with a large walk-in closet, a nursery or office space, & a luxurious 4-piece ensuite bathroom. Outside, enjoy a large courtyard & composite deck for entertaining, an oversized fully finished & insulated 3 door yet 2-car garage with a wood-burning stove, & 5 additional parking areas ample for guests or tenants. Every inch of this landscaped property has been thoughtfully upgraded with high-end finishes, expanding foam insulation, modern kitchens & bathrooms, & updated fixtures—all blending contemporary style with comfort. With the ability to live in one unit & rent the others, or lease all three for maximum income potential, this is a rare & lucrative opportunity owned by an Architect. Whether you're an investor or a homeowner looking for versatility & value, this Single Family Property with security cameras checks all the boxes
Listing courtesy of Nathan Johnson, RE/MAX Real Estate Group LLC