716 W Madison Street, Colorado Springs, CO

About 716 W Madison Street

Prime West Side Duplex Opportunity – Downtown Colorado Springs Investment Property Investor Special in Prime West Side Location! First time on the market in over 40 years! This west side duplex is brimming with potential but will require a serious renovation to shine again. Each side features 1 bedroom, 1 bathroom, and a private yard, with a detached 2-car garage—one side functional and the other used as storage or a workshop. Situated on a large lot with easy access to I-25, downtown Colorado Springs, and west side shops and dining, the location can't be beat. Most windows have been replaced with dual-pane vinyl, and there’s a new water heater in the vacant unit. This is not a project for the faint of heart or novice DIYer. It needs significant work to bring it back to life. Whether you're looking for a fix-and-flip, a buy-and-hold investment, or a lot to scrape and rebuild in a desirable west side neighborhood, this property is priced accordingly and sold strictly AS-IS. Current tenants may like to stay or lease states they will vacate within 60 days of closing. Bring your vision, your contractor, and your grit—opportunities like this are rare!

Listing Map