111 Crystal Park Rd, Manitou Springs, CO 80829

$1,295,000
7
BD
5
BA
3,344
SqFt

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List Price
$1,295,000
Status
ACTIVE
MLS#
5865099
Year Built
1957
Bedrooms
7
Bathrooms
5
Living Area
3,344
Region
Out of Area
Subdivision
Crystal Park

Property Description

Income from day one in the heart of Manitou Springs! This boutique, turnkey four-plex 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. Major capital improvements are already complete, including a newer roof, beautiful custom gutters, concrete work, exterior paint, new doors and windows, and two new 50-gallon water heaters. Ideal for a buy-and-hold investor, 1031 exchange, or an owner-occupant who wants to live in one while collecting rent from the other three. Manitou Springs is a highly sought-after tourist destination with a prominent arts scene, creative character, active lifestyle, and year-round events! The almost half-acre tree-filled lot provides abundant off-street parking for residents and guests. Located within walking distance of restaurants, 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.

Additional Information

Taxes
$4,400
Style
Contemporary
School District
Manitou Springs District 14
Elementary School
Manitou Springs
Middle School
Manitou Springs
High School
Manitou Springs
Heating
Forced Air, Baseboard, Ductless
Cooling
Ceiling Fan(s)
Utilities
Separate Meters, Separate Meters
Garage Spaces
8
Tenant Pays
Gas, Electricity

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Calculator source: Real Geeks

Listing courtesy of Sarah St. James.

sarahsellsdenver@hotmail.com,720-544-9129

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