209 N Arcadia Street, Colorado Springs, CO 80903
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209 N Arcadia Street,Colorado Springs, CO 80903
$825,000
- 4 Beds
- 4 Baths
- 2,176 sq. ft.
- Multi-family
- Active
Listed by: lauren collier
Office: live dream colorado llc.
MLS#:7516300
Source:ML
Price summary
- Price:$825,000
- Price per sq. ft.:$379.14
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:7516300
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Microwave, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Finished, Partial
- Living area:2,176 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Hot Water, Natural Gas, Radiant
Structure and exterior
- Roof:Composition
- Year built:1900
- Building area:2,176 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Victorian
- Construction Materials:Frame
- Exterior Features:Front Porch, Patio
- Levels:2 Story
Schools
- High school:Palmer
- Middle school:North
- Elementary school:Columbia
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$825,000
- Price per sq. ft.:$379.14
- Tax amount:$1,173 (2024)
Features and amenities
- Laundry features:Common Area, Dryer, Washer
Parking
- Total parking spaces:3
- Parking description:Gravel
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