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Chris Wedgwood

chris@denverevolution.com +1(303) 815-6243

$ 825,000

Est. payment | -/mo

4 Beds

4 Baths

2,176 SqFt

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$ 825,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

2,176 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,176 sqft

Price per Sqft $379

Subdivision Highland

MLS Listing ID 7516300

Style Victorian

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,176

Year Built 1900

Annual Tax Amount $1,173

Tax Year 2024

Lot Size 4,160 Sqft

Acres 0.1

Property Sub-Type Quadruplex

Source recolorado

Property Description

Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can't be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960's theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930's design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Three units operate as monthly furnished rentals, while the garden level unit is currently rented as an annual furnished rental. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There's a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Finished, Partial

Interior

Heating Hot Water, Natural Gas, Radiant

Cooling Air Conditioning-Room

Fireplace N

Appliance Dryer, Microwave, Oven, Range, Refrigerator, Washer

Laundry Common Area, In Basement

Exterior

Parking Features Gravel

Fence Partial

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Composition

Total Parking Spaces 3

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Columbia

Middle Schools North

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Pets Allowed No

Virtual Tour https://youtu.be/oyPkp_TFgrY

Listed by Live Dream Colorado LLC

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Chris Wedgwood

Broker Associate | License ID: 100071313

+1(303) 815-6243 | chris@denverevolution.com

209 N Arcadia ST Colorado Springs, CO 80903

Chris Wedgwood

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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209 N Arcadia ST