Incredible Income potential in Manitou Springs that also offers a wonderful opportunity for an owner occupied property. This triplex is on the sunny side of Manitou Springs. In addition to the 3 units there is partially unfinished basement for storage, as well as a lower level patio/deck, to enjoy the mountain views. Each unit has 2 bedrooms. Unit 1 has a 3/4 bath, Units 2 and 3 have full baths. All three have the breathtaking views to the South from the bedrooms. This hill top locations adds to the quiet, relaxing sense of Mountain living. The building has a shared laundry room for all three units. The upper unit (1) has an absolutely adorable front porch, rustic wood flooring as well as new carpet, paint and vinyl flooring. There is a completely unique attached dining table in this unit.. The middle unit (2) has an enclosed front sunroom, with a small storage closet. In this unit you will find not only new carpet, paint and vinyl, but the attractive wood plank ceiling. Additionally, both 1 and 2 have new or newer fixtures and appliances. Unit 3 currently occupied, and can be shown with advanced notice and confirmation. It contains a separate dining/office area and kitchen pantry, in addition to the two bedrooms and one bathroom. Unit 3 will not be renovated.
DO THE INCLINE OR DO DOWNTOWN RIGHT FROM YOUR HOUSE! EXTREMELEY DESIREABLE LOCATION ON RUXTON AVENUE WITH RARE OFF-STREET PARKING AND CREEK-SIDE LIVING! Literally Pull Right Into your Parking Spot and WALK ACROSS YOUR CREEK to get Home! This DUPLEX is A Fantastic Opportunity for the LIVE-IN INVESTOR or PROFESSIONAL PORTFOLIO. This property Needs TLC, but is Truly a Magnificent and Stately Victorian-Era Property. House has been used as a Duplex for about 25 years, but Could be Converted back to Single Family if Desired. Main Level has Tall Ceilings with Bay Window Pushout Feature and lots of Original Woodwork. The Huge Kitchen allows room for Table/Chairs, or use LR for Formal Dining Situation. French Doors along with many Original Trim Pieces really add Charm and Appeal to this Property. Upstairs Contains a SEPARATE LIVING UNIT with Private Entrance through the Newer Rear Stairs. Upper Unit is Efficiency Unit 1BR/1BA with a very Gracious Living Area, separate Kitchen area, and Rear Covered Porch Area. It is Private and Easily Marketed to a Broad Audience in this Extremely Attractive Section of Manitou Springs. Walk Downtown to the many Restaraunts, Penny Arcade, Shopping District, or Walk Up to the Mountains and do the Manitou Incline! Smart Thinking to Look at this Property because Downtown Colorado Springs is soon to be Oversaturated with Apartment/Condo Rentals because of all the Mega-Plexes Opening next year! Be Unique - Be Manitou! Call or Text Your Realtor Today!
Excellent rental history and nestled in the heart of Historic Manitou Springs, this 5-plex is updated and situated in a prime location! Walking distance to all that Manitou has to offer!
Opportunity to own a mixed-use building in the heart of Manitou Springs! This mid-century modern building has 4 commercial units on the ground level and 4 one-bedroom units on the upper level. This property could be both an investment and owner-occupied property. As an owner-occupied property, there is easy access to downtown Manitou Springs, Soda Springs Park across the street and numerous hiking trails that are within walking distance. Two of the 1-bedroom residential units could be combined to create a larger owner unit if desired. There is adequate on street parking in the Residential Parking Permit (RPP) area that runs from the Ruxton Ave. intersection to Minnehaha to the west. There are 4 parking spaces in front of the property that are available for retail customers from 9 am to 6 pm daily. There is additional land behind the building that is terraced. This area could be used for future building or outside area for owner or residents. There is a small un-rented space on the first floor that the owners have used as an office. This could be converted to a laundry room for the residents.
Manitou Springs is located in Colorado. Manitou Springs, Colorado has a population of 4,912. Manitou Springs is more family-centric than the surrounding county with 38.35% of the households containing married families with children. The county average for households married with children is 34.68%.
The median household income in Manitou Springs, Colorado is $65,703. The median household income for the surrounding county is $75,909 compared to the national median of $69,021. The median age of people living in Manitou Springs is 42.8 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 18.5 inches per year, with 53.7 inches of snow per year.