505 Canon Avenue, Manitou Springs, CO, 80829

Image Count: 34

$974,900

  • Highlights
  • Income
  • 5-Plex
  • 505 Canon Avenue, Manitou Springs, CO, 80829 listed by Iggy Beljovkin
  • Active
  • MLS#: 9822063
  • Tour #3

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.

Property Listed By

Picture of REALTOR Listing Property
  • Iggy Beljovkin
  • 0142-332-917  Call the Agent 
Picture of Office Listing Property
  • Summit Ridge Group LLC
  • 0142-332-917  Call the Agent 

Property Details

    General Features

  • Property Type: 5-Plex
  • Year Built: 1909
  • County: El Paso
  • School District: Manitou Springs-14
  • List Price: $974,900

    Unit Information

    5 Units Maximum Shown
    Beds Baths Parking Rent SqFt
    1 1 $1,000 650
    1 1 $925 650
    1 1 $1,000 650
    1 1 $850 650
    1 1 $675 450
  • Total Units: 5
  • Total Rent: $4,450

    Structure

    Features

  • Heating: Forced Air, Natural Gas
  • Laundry: Coin, Common

    Taxes, Utilities, Lot

  • Tax: $1,486
  • Lot Size: 0.08 Acres, 3,625 SqFt
  • Laundry: Coin, Common
  • Heating: Forced Air, Natural Gas
  • Existing Water: Municipal
  • Existing Utilities: Cable, Electricity, Natural Gas, Telephone

          Compensation

        • Buyer Agent Amount: 3%
        • Transaction Broker Amount: 3%

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