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About This Home
This 5-bedroom, 2-bathroom single family at 518 E Madison Street in Colorado Springs, CO is listed for $507,000 ($307 per sqft). Built in 1914, the home offers 1,653 sqft of living space on a 0.13 acres lot.
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!
Key Features
- Built in 1914
- 0.13 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$2,712/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
518 E Madison Street
Colorado Springs, CO 80907
Property Details
Heating
Cooling
Questions & Answers
This 5-bedroom, 2-bathroom single family at 518 E Madison Street is listed at $507,000 ($307/sqft). The estimated monthly payment is $2,197 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.13 acre lot, 2 parking spaces.
This property is listed by Rodny Rodriguez MRP and can be reached at (719) 661-1199 or rodnysellshomes@gmail.com.
