1126 McArthur Ave Colorado Springs, CO 80909

Recently Updated Home with Income Potential Guest Cottage with a large 15,000 s/f lot. Welcome to this beautifully updated 2-bedroom, 1 bathroom home. The 400 s/f Guest Cottage/ ADU features 3 bedrooms/offices, entry, separate furnace and central a/c and is finished off with new luxury vinyl flooring, LED lights and paint. Meticulously maintained and loved by the same family since 1940, this property has been updated with a new roof, modern finishes, engineered hardwood flooring and tile, LED lighting, stucco pop-outs, new paint & trim throughout the homes, landscaping and more. Located near shopping, churches, schools, parks and St. Mary's High School, this property offers a cute comfortable residence with a guest house, and large lot with opportunities for additional income. As you enter through the custom gate of this well lit private 15,000 s/f fenced lot, you'll notice tons of open space for children, pets, hobbies, RV parking and possibly even another home on the south two lots. Stepping into the main house, you'll notice how the home, guest house, garage and lot have been well maintained. The living room could easily be divided into a dining room or additional bedroom. The main residence home features a large living room, 2 bedrooms, 1 bath and basement. The Guest Cottage/ADU offers 4 rooms next to the large detached 2 car garage with a mechanics bay. The kitchen offers granite countertops, wood cabinets and Stainless Steel appliances with an area for a small dining table. The Primary bedroom has the original hardwood floors meticulously cared for by the family, and the living room, laundry room and 2nd bedroom are finished with engineered hardwood floors. All rooms have new lighting fixture and receptacles. The cute partial basement offers room for storage. The front yard is landscaped with sprinkling system updates done in 2025. This property is perfect for families or individuals with pets, businesses or just looking for privacy, and potential growth.