8220 W Hwy 24, Cascade, CO 80809

$815,000

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Courtesy of Call It Closed International Realty. 407-338-3339

List Price
$815,000
MLS#
2040443
Property Type
Fourplex
Lot Size
87,120
Acres
2
County
El Paso
Neighborhood
Guier
Year Built
1955

Property Description

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, all interior photos are the renovated 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

Additional Information

School District
Manitou Springs-14
Appliances
Cooktop, Dishwasher, Refrigerator
Heating
Natural Gas, Wall Furnace
Cooling
Attic Fan

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks


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