Exceptional investment opportunity in one of Colorado Springs' most sought-after locations! Situated just one block south of the Historic Old North End and two blocks east of Colorado College, this unique property offers outstanding potential for investors, owner-occupants, or those seeking rental income. Conveniently located with quick access to downtown Colorado Springs, Colorado College and I-25. The main home features 4 bedrooms and 1.5 bathrooms, with hardwood floors and a wood-burning fireplace anchoring the living room. Two bedrooms are located on the main level, while two additional bedrooms occupy the upper floor, providing a flexible and functional layout. Adding tremendous value, the detached one-bedroom, one-bath cottage is separately metered, making it ideal for rental income, guest accommodations, or a private home office. The cottage also features its own living room with a wood-burning fireplace, creating a warm and welcoming atmosphere. Properties offering both a primary residence and a separately metered guest cottage in this premier downtown location are a rare find. Don't miss this outstanding opportunity to own a versatile property just minutes from Colorado College, downtown amenities, restaurants, shopping, and parks.