209 N Arcadia Street, Colorado Springs, CO 80903
209 N Arcadia Street, Colorado Springs, CO 80903
209 N Arcadia Street, Colorado Springs, CO 80903
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Listed by Lauren Collier CNE GREEN MCNE MRP Live Dream Colorado LLC
$799,900
Est. payment /mo
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4,159 Sqft Lot
Active

209 N Arcadia Street Colorado Springs, CO 80903

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Andrew Shawcroft

Andrew Shawcroft

+1(719) 761-1121

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4774610

Construction Status Existing

Year Built 1900

Annual Tax Amount $1,173

Tax Year 2024

Lot Size 4,159 Sqft

Acres 0.0955

Property Sub-Type Fourplex

Source Pikes Peak REALTOR® Services

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

Rooms

Basement Full Basement

Interior

Heating Hot Water, Natural Gas

Cooling Other, See Prop Desc Remarks

Fireplaces Type None

Furnishings Existing

Appliance Oven, Range, Refrigerator

Laundry Coin, Common

Exterior

Carport Spaces 3

Fence None

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Accessibility Stairs to back entrance, Stairs to front entrance

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 6417208016

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Andrew Shawcroft

Andrew Shawcroft

Broker | License ID: ER1327142

+1(719) 761-1121

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209 N Arcadia Street