Manitou Springs Homes with Fourplex Subtype

Manitou Springs Homes with Fourplex Subtype

Welcome to Manitou Springs, Colorado, a charming mountain town nestled at the foot of Pikes Peak, known for its breathtaking scenery, vibrant arts community, and rich history. Just a short drive from Colorado Springs, this picturesque locale offers residents a unique blend of outdoor adventure and small-town charm. With its mineral springs, stunning hiking trails, and proximity to the Garden of the Gods, Manitou Springs is a haven for nature lovers and outdoor enthusiasts alike.

The neighborhood is characterized by its eclectic mix of historic architecture and modern amenities. Homes in Manitou Springs often boast unique designs, with many featuring stunning views of the surrounding mountains. Among these properties, fourplex homes stand out as an excellent investment opportunity. Ideal for those looking to enter the rental market, fourplexes offer the advantage of multiple rental units within a single property. This allows for a steady income stream while enjoying the benefits of living in a community that values creativity and connection.

Residents of Manitou Springs enjoy a vibrant local culture, with art galleries, shops, and eateries lining the charming streets. The annual events, such as the Manitou Springs Penny Arcade Festival and the Commonwheel Arts Festival, celebrate the town's artistic spirit and foster a sense of community. With a strong sense of belonging and a plethora of outdoor activities, Manitou Springs is not just a place to live; it’s a lifestyle. Whether you're looking to invest in a fourplex or find your dream home, Manitou Springs offers a welcoming environment that feels like home. Experience the magic of this enchanting town today!

Newest Manitou Springs Homes with Fourplex Subtype

111 Crystal Park Rd, Manitou Springs
$1,195,000
6549214 MLS
**Rare opportunity to own a completely remodeled, turnkey four-plex in the heart of Manitou Springs** Cash flow from day one! This one-of-a-kind, boutique property offers FOUR fully remodeled residences PLUS a detached art studio! Each residence features a high-quality interior remodel with updated kitchens and bathrooms, new appliances, flooring, paint, lighting, and stylish finishes throughout. Situated on a beautiful almost half-acre lot with tons of parking and room for an RV! Major capital improvements are already complete, including a newer roof, custom gutters, concrete work, exterior paint, new doors and windows, refurbished furnaces, electrical and plumbing work, plus two brand-new 50-gallon water heaters. This is a highly sought-after, supply-constrained market, making it a great addition for an investor or an owner-occupant who wants to live in one while collecting rent from the other three.*House Hack* Park an RV on the back of the land and collect the rents from all 4 units! Manitou Springs is a highly sought-after tourist destination with a prominent arts scene, creative character, active lifestyle, and year-round events! Located within walking distance of restaurants, bars, the Cantina, art galleries, shopping, community events, and hiking trails. Views of the Manitou Incline, Garden of the Gods, and Pikes Peak. Great opportunity to own a one-of-a-kind, income-producing property in Manitou Springs! Also a possible short-term rental opportunity, with potential expansion of the art studio into a fifth unit. Please check with the city/county for more information.

111 Crystal Park Rd, Manitou Springs

125 Ruxton Ave Unit R, Manitou Springs
$815,000
5875291 MLS
A rare and extraordinary turnkey rental opportunity in Manitou Springs to own four one-of-a-kind themed cottages called the historic Crosby Cottages. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes have been recently updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. Each of the four distinct and captivating residences has its own private entrance, generous porch and theme. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The cottages vary in layout and size. Cottage 1 offers a cozy studio with a ¾ bath and retro flooring with a 1910s theme, while Cottage 2 features two beds, a loft, an office with built-ins, and a full bath with 1920s accents. Cottage 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash with a 1930s vibe. Cottage 4 hosts a bedroom and a ¾ bath with unique tile echoing the 1940s. Located in the prime location between downtown Manitou Springs and several high-volume tourist attractions, the Crosby Cottages are ideally suited for those seeking a well-positioned, income-producing asset in a high-demand Historic area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community. Mid- and long-term renters are in place. Consult with the City of Manitou regarding short-term rental questions. Tenants can get permits to park on the street. Great for rental and 1031 exchange.

125 Ruxton Ave Unit R, Manitou Springs

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