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3460 Colony Hills Ln, Colorado Springs, CO 80916

$300,000
: 4
BD
: 2
BA
: 1,488
SqFt

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List Price: $300,000
Type: Single Family Residential
Property Sub Type: Single Family Residence
Status: ACTIVE
MLS Number: 3919694
Bedrooms: 4
Bathrooms: 2
Sqft Total: 1,488
Year Built: 1971

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Property Description

Whether you're looking for a place to call home or your next investment opportunity, 3460 Colony Hills Lane offers space, flexibility, and potential! Tucked away on a cul-de-sac in an established Colorado Springs neighborhood, this ranch-style home features a functional layout with comfortable living spaces and a finished basement that provides additional room to spread out. The main level offers a welcoming living area, an eat-in kitchen with ample cabinetry, and natural light throughout. Enjoy mountain views from the kitchen window and a generously sized, fenced backyard with plenty of room for gardening, entertaining, pets, or simply relaxing outdoors. Additional highlights include an attached one-car garage, a roof replaced in 2025, and a newer furnace. Originally a 2-bedroom, 1-bathroom home, the property now features a 4-bedroom, 2-bathroom configuration, including two additional bedrooms, a bathroom, and recreation space in the finished basement. For investors, the property is currently tenant-occupied on a month-to-month basis, generating $2,500 per month in gross rental income, with tenants responsible for all utilities. Whether you're ready to make a home your own or expand your rental portfolio, this property offers an opportunity to explore. This home qualifies for the community reinvestment act providing 1.75% of the loan amount with a cap of $7,000 as a credit towards buyer’s closing costs, pre-paids and discount points. Contact listing agent for more details and to schedule your showing.

(303) 522-8226

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Additional Information

View: Mountain(s)
Lot Size Acres: 0.18
Lot Size Sq Ft: 7,840
Tax Amount: $1,233
Exterior Features: Private Yard
Water Source: Public
Sewer: Public Sewer
Basement Type: Full
Heating: Forced Air
Cooling: None
School District: Harrison 2
Elementary School: Turman
Middle Or Junior School: Carmel
High School: Sierra High