518 E Madison

Colorado Springs, CO 80907
Beds
5
Baths
2
Square Ft.
1,653
$487,000
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!
Market LogoCourtesy of The Cutting Edge.Rodny Rodriguez MRP, 719-999-5067
Listing Snapshot
Days Online
19
Last Updated
Property Type
Single Family Residential
Beds
5
Full Baths
2
Square Ft.
1,653
Lot Size
0.13 Acres
Year Built
1914
MLS Number
4743467
Property Location Map
Additional Details
Appliances & Equipment
220v in Kitchen, Cook Top, Dishwasher, Dryer, Kitchen Vent Fan, Microwave Oven, Oven, Range, Refrigerator, Washer
Basement
87 percent of basement finished
Building
1,768 total square feet, 1,653 finished square feet, 884 main floor square feet, 884 basement square feet, Construction status: Existing Home, Built in 1914, Wood, Frame
Foundation
Full Basement, Walk Out
Garage
2 garage spaces, Detached
Water Features
Municipal
Interior Features
Floor plan: 1 Story
Laundry
Basement, Electric Hook-up, Gas Hook-up
Lot
0 acres, All, City View, Corner, Level, Lot size area: 5,697 square feet
Roof
Roof: Composite Shingle
Taxes
Tax amount: $110, Tax year: 2024
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected
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Tony Casados
Realtor®
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