209 N Arcadia Street, Colorado Springs, CO 80903

$825,000
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BEDS4 BATHS4 SQUARE FEET2,176 MLS#7516300
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHighland SCHOOLColorado Springs 11

Listing Courtesy of: Live Dream Colorado LLC
Agency Contact: Lauren@LiveDreamColorado.com,719-272-1765
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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 cant 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 1960s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930s 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. Theres 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.

209 N Arcadia Street | MLS# 7516300

This multi-family property located at 209 N Arcadia Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $825,000. N Arcadia Street is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on vmcdowell.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Partial
Cooling: Air Conditioning-Room
Heating: Hot Water, Natural Gas, Radiant
Home Style: Victorian
Lot Size: 0.10 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $1,173
Year Built: 1900

Feature Descriptions

Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
Baths Total: 4
Days on Site: 5
Exclusions: tenants personal property
Exterior: Frame
Fencing: Partial
Laundry: Common Area, In Basement
Parcel#: 64172-08-016
Parking: Gravel
Parking Notes: Gravel
Patio/Porch: Front Porch, Patio
Pets Allowed: No
Sewer: Public Sewer
Special View Info: Mountain(s)
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Water: Public

Local Schools

High School: Palmer
Middle School: North
Elementary School: Columbia
School District: Colorado Springs 11

Listed By / Shown By

Listed By

Agency Name: Live Dream Colorado LLC
Agency Contact: Lauren@LiveDreamColorado.com,719-272-1765

Shown By

Agent Name: Valerie McDowell
Agent Phone: (719) 238-8123
Agency Title: The Cutting Edge, Realtors

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Estimate Your Payment

Estimated Payment

$ 4,402.11 per month $4,063.73 Principal & Interest $97.75 Property Tax $240.63 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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