8130 Chipita Park RD Active Save Request In-Person Tour Request Virtual Tour
Cascade,CO 80809
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1106456
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,535
Tax Year 2023
Lot Size 0.800 Acres
Property Description
Opportunities abound! Total of 4 different units on this log sided retreat set on nearly an acre overlooking Fountain Creek. Three units span the main house with an additional detached standalone cabin. Three out of the four units are currently rented out with the main 1600 sq ft home open for the new owner to occupy and collect rent from the other 3 units. Or, for more upside rental potential, rent the owner’s home out as well. The property does have a VRBO history. (Please check agent remarks for AirDNA data and all info concerning potential VRBO rental income.) Tremendous location in the affluent community of Cascade, located near the Pike’s Peak Highway, which is an international tourist destination, with an average of 1 million people visiting America's Mountain each year. Ample parking for all tenants and owner with each unit having its own parking area. Oversized two car garage attached to the main house. Current owner has made many improvements and updates to the property. Both buildings have new roofs (2022). The owner’s home has new stainless steel appliances in the kitchen, new carpet, paint, luxury vinyl flooring, and a remodeled bathroom! The main house also has 2 wood burning fireplaces for cozy evenings, while the oversized windows (all units) let natural light pour in so you can take in the natural beauty of your surroundings. The side unit, lower unit, and standalone cabin also have new luxury vinyl flooring and carpet. The setting is picturesque and in the heart of tourist destinations with easy year round access. Fountain creek skirts the back of the property creating a perfect mountain setting for all guests to enjoy. Watch the video tour in the links!
Location
State CO
County El Paso
Area Cascade
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type Wood Burning
Laundry Electric Hook-up
Exterior
Garage Spaces 20.0
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type Composite Shingle
Building
Foundation Partial Basement
Water Municipal
Structure Type Frame
Schools
School District Manitou Springs-14
Others
Special Listing Condition Not Applicable
Unit 1
Sqft 1604
Beds 2
Baths 1
Garages 2
Occupied N
Furnished Y
Unit 3
Sqft 484
Beds 1
Baths 1
Rent Price 1400
Occupied Y
Furnished N
Unit 2
Sqft 540
Beds 2
Baths 1
Rent Price 1400
Occupied Y
Furnished N
Unit 4
Sqft 944
Beds 2
Baths 1
Rent Price 1300
Occupied Y
Furnished N