601 Manitou Avenue, Manitou Springs, CO 80829

$2,320,000
List Price
$2,320,000
Status
Active
MLS#
6176260
Price Change
▼ $100,000 1669782941
Days on Market
10
Property Type
Aptmts(6+Units)
Lot Size
8,026
Acres
0.18
County
El Paso
Neighborhood
Manitou Terrace
Year Built
1920

Property Description

This unique multifamily opportunity consists of 11 apartments with 1 studio units, 8 one beds, 1 two bed and 1 three bed unit. The property has recently been repainted, has a newer roof, newer HVAC and recent renovations to many of the units. The current owner has solid in place rents with room for rent growth as leases turn. Tenants pay an additional utility fee per month to get owner to net zero utility expense. This property is located in the desirable Manitou Springs area within walking distance to shops, restaurants and entertainment. A rent roll is available upon request.

Additional Information

School District
Manitou Springs-14
Construction Status
Existing
Tax Year
2021
Tax
$4,652
Existing Utilities
Electricity Available, Gas Available
Existing Water
Municipal
Laundry Facilities
None
Optional Notices
No Access, Not Applicable
Heating
Forced Air
Cooling
None
Earnest Money
24000

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Capstone West, LLC.


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