Property Description

Rare opportunity to own a turnkey four-plex in the heart of Manitou Springs with income from day one! This boutique, one-of-a-kind four-plex 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. Major capital improvements are already complete, including a newer roof, beautiful custom gutters, concrete work, exterior paint, plumbing and electrical work, new doors and windows, and two new 50-gallon water heaters. Ideal for a buy-and-hold investor, 1031 exchange, or an owner-occupant who wants to live in one while collecting rent from the other three. Manitou Springs is a highly sought-after tourist destination with a prominent arts scene, creative character, active lifestyle, and year-round events! The almost half-acre tree-filled lot provides abundant off-street parking for residents and guests. Located within walking distance of restaurants, 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 or Airbnb opportunity.

Property Features