111 Crystal Park Rd, Manitou Springs, CO 80829

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Courtesy of Sarah St James.

List Price
$1,195,000
Price Change
▼ $100,000 1791090812
Type
Multifamily
Property Sub Type
Fourplex
Status
ACTIVE
Days on Market
43
MLS Number
6549214
Neighborhood
Manitou Springs
Year Built
1957

Property Description

**Rare opportunity to own a completely remodeled, turnkey four-plex in the heart of Manitou Springs** Cash flow from day one! This one-of-a-kind, boutique property offers FOUR fully remodeled residences PLUS a detached art studio! Each residence features a high-quality interior remodel with updated kitchens and bathrooms, new appliances, flooring, paint, lighting, and stylish finishes throughout. Situated on a beautiful almost half-acre lot with tons of parking and room for an RV! Major capital improvements are already complete, including a newer roof, custom gutters, concrete work, exterior paint, new doors and windows, refurbished furnaces, electrical and plumbing work, plus two brand-new 50-gallon water heaters. This is a highly sought-after, supply-constrained market, making it a great addition for an investor or an owner-occupant who wants to live in one while collecting rent from the other three.*House Hack* Park an RV on the back of the land and collect the rents from all 4 units! Manitou Springs is a highly sought-after tourist destination with a prominent arts scene, creative character, active lifestyle, and year-round events! Located within walking distance of restaurants, bars, the Cantina, art galleries, shopping, community events, and hiking trails. Views of the Manitou Incline, Garden of the Gods, and Pikes Peak. Great opportunity to own a one-of-a-kind, income-producing property in Manitou Springs! Also a possible short-term rental opportunity, with potential expansion of the art studio into a fifth unit. Please check with the city/county for more information.

Additional Information

Lot Size Acres
0.4
Lot Size Sq Ft
17,424
Tax Amount
$4,400
Water Source
City
Sewer
Sewer
Basement Type
Crawl Space
Heating
Baseboard, Forced Air, Wall Furnace
Cooling
Ceiling Fan(s)
School District
Manitou Springs-14

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