8220 W Us Highway 24, Cascade, CO 80809
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
8220 W Us Highway 24,Cascade, CO 80809
$800,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: david carter
Office: call it closed international realty
MLS#:6707316
Source:ML
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Price summary
- Price:$800,000
About this home
Rare Ute Pass income play on 2 usable acres between Woodland Park and Colorado Springs - a fully-occupied 1955 fourplex with a 5+ year near-zero-vacancy track record and real capital already in the ground: upgraded electrical, all-new windows, and two turnkey-remodeled units (new kitchens, LVP flooring, paint, and appliances). Four 2-bed/1-bath units (~689 sf) with gas heat, gas ranges, refrigerators, and in-unit washer hookups; shared dryer, bear-proof trash, and a utility shed on the grounds. Lean operating profile - tenants cover electric, gas, and water; owner carries trash only. Unincorporated El Paso County has no short-term-rental permit requirement (buyer to verify) - pair that with two already-renovated units, a private drive, abundant parking, mountain views, and national-forest access, and the property reads as a compelling STR / mid-term-rental conversion or owner-occupant house-hack (FHA/VA financing possible on a 2-4 unit). Three of four units month-to-month by August leave clear mark-to-market and pet-premium upside. Financials, rent roll, and a short-term-rental analysis available to qualified buyers....
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Home facts
- Year built:1955
- Subdivision & Development:Guier
- Listing ID #:6707316
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Vinyl
- Kitchen Description:Range, Refrigerator
Heating and cooling
- Cooling:Attic Fan
- Heating:Natural Gas, Wall Furnace
Structure and exterior
- Year built:1955
- Lot Features:Foothills
- Construction Materials:Frame, Wood Siding
- Exterior Features:Balcony, Covered, Front Porch
- Levels:1 Story
Schools
- High school:Manitou Springs
- Middle school:Manitou Springs
- Elementary school:Manitou Springs
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$800,000
- Tax amount:$2,706
Features and amenities
- Laundry features:Common Area
Parking
- Parking description:Driveway-Dirt
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