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$1,375,000
1710250 MLS
FOUR UNITS in TWO DUPLEX BUILDINGS with Stand Alone DETACHED FOUR CAR GARAGE! - Less than 10 Years Old - First Time Offered! Distinctive Opportunity to own two newer duplexes in the Upbeat Heart of Colorado Springs. The Project was completed in 2017 on this 9000sqft Lot adjacent the Shooks Run Trail (walk/bike/jog goes all the way from Downtown CS up to the Rock Island Trail and beyond) and Downtown. These Well-Maintained Buildings offer Quality Construction and Attractive Finishes along with Strong Rental Appeal. Each Unit is Individually Metered with Separate Utilities - Central Air Conditioning - detached One Car Garage, super Tall Ceilings (upper units have vaulted ceilings), engineered flooring in the Kitchen and Living Areas, Quality Appliances, Solid Core Doors and functional modern floorplans with Primary Suite containing an attached private bath. All units have a secondary Full Bath that branches off of the main Living Area. All units have Identical Layouts. Beautifully Landscaped Grounds include Courtyard with grassy area and professional Xeriscaping - Appealing both to Owner and to Future Occupants. Professionally Managed by Locally-Owned organization for peace of mind. This property is nothing but Turn-Key for the Investor, Owner-Occupant that is looking for an Easy Ownership Opportunity close to the vibrant Downtown Scene. This property is impressive.

525 E Kiowa St, Colorado Springs
$799,900
4774610 MLS
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 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.

209 N Arcadia St, Colorado Springs


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