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Justin Morgan

justin@gratitudehomesgroup.com +1(720) 893-2278

$815,000

Est. payment - /mo

5 Beds

4 Baths

2,003 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,003 sqft

Price per Sqft $406

Subdivision City Of Manitou

MLS Listing ID 5384477

Style Traditional

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 2,003

Year Built 1909

Annual Tax Amount $2,035

Tax Year 2024

Lot Size 2,175 Sqft

Acres 0.05

Property Sub-Type Quadruplex

Source recolorado

Property Description

A rare and extraordinary turnkey rental opportunity in Manitou Springs to own four one-of-a-kind themed cottages called the historic Crosby Cottages. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes have been recently updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. Each of the four distinct and captivating residences has its own private entrance, generous porch and theme. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The cottages vary in layout and size. Cottage 1 offers a cozy studio with a ¾ bath and retro flooring with a 1910s theme, while Cottage 2 features two beds, a loft, an office with built-ins, and a full bath with 1920s accents. Cottage 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash with a 1930s vibe. Cottage 4 hosts a bedroom and a ¾ bath with unique tile echoing the 1940s. Located in the prime location between downtown Manitou Springs and several high-volume tourist attractions, the Historic Crosby Cottages are ideally suited for those seeking a well-positioned, income-producing asset in a high-demand area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community. Mid- and long-term renters are in place. Consult with the City of Manitou regarding short-term rental questions. FHA financing may be possible if 1 unit is owner occupied.

Location

State CO

County El Paso

Zoning GR

Interior

Interior Features Eat-in Kitchen

Heating Natural Gas

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplaces Number 1

Fireplaces Type Gas

Fireplace Y

Appliance Dishwasher, Dryer, Oven, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Fire Pit, Rain Gutters

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Shingle

Garage No

Building

Lot Description Historical District, Near Public Transit, Sloped

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Stone,Wood Siding

Schools

Elementary Schools Manitou Springs

Middle Schools Manitou Springs

High Schools Manitou Springs

School District Manitou Springs 14

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional, FHA, Other

Listing Terms Cash, Conventional, FHA, Other

Special Listing Condition None

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Listed by Compass - Denver

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Justin Morgan

+1(720) 893-2278

Agent

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125 Ruxton AVE #R Manitou Springs, CO 80829

Justin Morgan

Key Details

Location

Interior

Exterior

Building

Schools

Others

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125 Ruxton AVE #R