Bought with Tony Clement CDPE CLHMS GRI REMAX PROPERTIES
$770,875
$799,900
3.6%For more information regarding the value of a property, please contact us for a free consultation.
209 N Arcadia Street Colorado Springs, CO 80903
4,159 Sqft Lot
Key Details
Sold Price $770,875
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4774610
Sold Date 10/15/26
Construction Status Existing
Year Built 1900
Annual Tax Amount $1,173
Tax Year 2024
Lot Size 4,159 Sqft
Acres 0.0955
Property Sub-Type Fourplex
Source Pikes Peak REALTOR® Services
Property 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 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. Two units operate as monthly furnished rentals, while Units 1 and 4 are rented as annual furnished rentals. 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 pet-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.
Location
State CO
County El Paso
Rooms
Basement Full Basement
Interior
Heating Hot Water, Natural Gas
Cooling Other, See Prop Desc Remarks
Fireplaces Type None
Furnishings Existing
Appliance Oven, Range, Refrigerator
Laundry Coin, Common
Exterior
Carport Spaces 3
Fence None
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Accessibility Stairs to back entrance, Stairs to front entrance
Building
Sewer Sewer
Water Municipal
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Tax ID 6417208016
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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