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Justin Morgan

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

$1,295,000

Est. payment - /mo

7 Beds

3,344 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,344 sqft

Price per Sqft $387

Subdivision Crystal Park

MLS Listing ID 5865099

Style Mid-Century Modern

Bedrooms 7

HOA Y/N No

Abv Grd Liv Area 2,784

Year Built 1957

Annual Tax Amount $4,400

Tax Year 2025

Property Sub-Type Quadruplex

Source recolorado

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.

Location

State CO

County El Paso

Rooms

Basement Crawl Space

Interior

Interior Features Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Laminate Counters, No Stairs, Open Floorplan, Primary Suite, Walk-In Closet(s)

Heating Baseboard, Forced Air, Wall Furnace

Cooling Other

Flooring Carpet, Tile, Vinyl

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range Hood, Refrigerator, Washer

Laundry Common Area, In Unit

Exterior

Exterior Feature Fire Pit, Garden, Lighting, Private Yard, Rain Gutters

View Mountain(s)

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Lot Description Cul-De-Sac, Historical District, Landscaped, Many Trees, Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type 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 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Justin Morgan

+1(720) 893-2278

Agent

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111 Crystal Park RD Manitou Springs, CO 80829

Justin Morgan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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111 Crystal Park RD