505 Canon Avenue, Manitou Springs, CO 80829

$974,900
5
BD
5
BA
List Price
$974,900
Status
Active
MLS#
9822063
Days on Market
83
Property Type
5-Plex
Bedrooms
5
Bathrooms
5
Lot Size
3,625
Acres
0.0832
County
El Paso
Neighborhood
Manitou Springs
Year Built
1909

Property Description

Rare opportunity in the heart of Manitou Springs. This 5 plex is completely rented out and has a super strong rental history. The upper two units have the benefit of off street parking in a dedicated lot off Dudley. Newer roof, newer water heater that services all the units. 3 of the 5 units have been recently updated leaving some work for a value add play. The location can not be beat, right up the street from downtown Manitou.

Additional Information

School District
Manitou Springs-14
Parking Spaces
4
Tax Year
2020
Tax
$1,486
Existing Utilities
Cable, Electricity, Natural Gas, Telephone
Existing Water
Municipal
Laundry Facilities
Coin, Common
Optional Notices
Not Applicable, Sold As Is
Total Num Units
5
Unit 1 Baths
1
Unit 1 Beds
1
Unit 1 Monthly Rent
$1,000
Unit 1 Sqft
650
Unit 2 Baths
1
Unit 2 Beds
1
Unit 2 Monthly Rent
$925
Unit 2 Sqft
650
Unit 3 Baths
1
Unit 3 Beds
1
Unit 3 Monthly Rent
$1,000
Unit 3 Sqft
650
Unit 4 Baths
1
Unit 4 Beds
1
Unit 4 Monthly Rent
$850
Unit 4 Sqft
650
Heating
Forced Air, Natural Gas
Cooling
None
Earnest Money
10000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 00006568-Summit Ridge Group LLC.


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