405 N Walnut St, Colorado Springs, CO 80905

Charming 1919 bungalow in a prime downtown Colorado Springs location with income-producing potential! Just five minutes from Old Colorado City and conveniently situated near I-25 (north/south) and Highway 24 (east/west), this beautifully remodeled home offers modern updates while preserving its original character. Recent improvements include fresh interior and exterior paint, a brand-new roof and gutters, upgraded electrical with new panels and buried service lines, and a spacious, light-filled layout.nnThe sunny kitchen boasts generous work surfacesideal for cooking, hosting, or meal prep. Step outside to a wrap-around deck with a gas grill and hot tub, surrounded by lush landscaping, flower beds, herb gardens, a privacy fence, and a soothing water featureperfect for relaxing or entertaining. As a unique bonus, the property also includes a charming outbuilding currently used as a chicken coop, offering the opportunity to collect fresh eggs and naturally fertilize the gardena delightful touch for sustainable living enthusiasts or urban homesteaders. The basement in this main home provides ample storage and additional flexibility. nnA 2023-built, heated and air-conditioned 2-car detached garage with a small workshop adds tremendous value, paired with a fully equipped 20 x 24 bonus living quarters above. This detached retreat offers a private entrance, full kitchen, a spacious full bath, cozy dining area, dedicated parking, and its own fenced outdoor spaceideal for guests, exte