125 Ruxton Avenue Unit R, Manitou Springs, CO 80829

$815,000
5
BD
4
BA
2,003
SqFt

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Courtesy of Compass - Denver . Mary.Anschutz@Compass.com,303-881-8841

List Price
$815,000
Price Change
▲ $100,000 1782855472
Type
Multifamily
Property Sub Type
Quadruplex
Status
ACTIVE
MLS Number
5384477
Architectural Style
Traditional
Structural Style
Traditional
Bedrooms
5
Bathrooms
4
Sqft Total
2,003
Building Name
Crosby Cottages
Neighborhood
City of Manitou
Year Built
1909

Property Description

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 Historic Crosby Cottages are ideally suited for those seeking a well-positioned, income-producing asset in a high-demand 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. FHA financing may be possible if 1 unit is owner occupied.

Additional Information

View
Mountain(s)
Lot Size Acres
0.05
Lot Size Sq Ft
2,175
Tax Amount
$2,035
Tax Year
2024
Exterior Features
Fire Pit, Rain Gutters
Sewer
Public Sewer
Flooring
Carpet, Vinyl, Wood
Heating
Natural Gas
Cooling
None
Fireplace Features
Gas
School District
Manitou Springs 14
Elementary School
Manitou Springs
Middle Or Junior School
Manitou Springs
High School
Manitou Springs
Unit Number
R

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