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About This Home

This 0-bedroom, 0-bathroom residential multi family at 209 N Arcadia Street in Colorado Springs, CO is listed for $825,000. Built in 1900, on a 0.10 acres lot.

Agent Description

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 decor 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.

Key Features

  • Built in 1900
  • 0.10 acre lot

Property Details

1900

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

209 N Arcadia Street

Colorado Springs, CO 80903

Property Details

Heating

Hot Water(Heating)Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 209 N Arcadia Street is listed at $825,000. The estimated monthly payment is $3,575 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.10 acre lot.

This property is listed by Lauren Collier CNE GREEN MCNE MRP and can be reached at (719) 272-1765 or Lauren@LiveDreamColorado.com.

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LM

Lauren Collier CNE GREEN MCNE MRP

Agent at Live Dream Colorado LLC

(719) 272-1765

Listed by Live Dream Colorado LLC · View on Broker Site

MLS# 4774610· Source: listhub· Updated today

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209 N Arcadia Street, Colorado Springs, CO 80903

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