8220 W Us Highway 24 , Cascade, CO 80809

$815,000
  • 8220 W Us Highway 24 , Cascade, CO 80809 Main Photo

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BEDS8 BATHS4 SQUARE FEET2,754 MLS#6707316
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGuier SCHOOLManitou Springs 14

Listing Courtesy of: Call It Closed International Realty
Agency Contact: 719-244-6378
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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 (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.

8220 W Us Highway 24 | MLS# 6707316

This multi-family property located at 8220 W Us Highway 24 , Cascade, CO 80809 is currently listed for sale with an asking price of $815,000. W Us Highway 24 is located within the Manitou Springs 14 school district. Search Cascade real estate on www.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Attic Fan
Heating: Natural Gas, Wall Furnace
Lot Size: 2.00 Acres
Roof Type: Other
Stories: 1.0
Taxes: $2,706
Year Built: 1955

Amenities

Balcony

Feature Descriptions

Appliances: Range, Refrigerator
Baths Total: 4
Days on Site: 1
Exclusions: Tenant personal property.
Exterior: Frame, Wood Siding
Fencing: None
Flooring: Vinyl
Laundry: Common Area
Lot: Foothills
Parcel#: 83232-00-042
Parking: Unpaved
Parking Notes: Unpaved
Patio/Porch: Covered, Front Porch
Sewer: Septic Tank
Special View Info: Mountain(s)
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Water: Public

Local Schools

High School: Manitou Springs
Middle School: Manitou Springs
Elementary School: Manitou Springs
School District: Manitou Springs 14

Listed By / Shown By

Listed By

Agency Name: Call It Closed International Realty
Agency Contact: 719-244-6378

Shown By

Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067

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Estimate Your Payment

Estimated Payment

$ 4,477.68 per month $4,014.48 Principal & Interest $225.50 Property Tax $237.71 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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