209 N Arcadia Street, Colorado Springs, CO, 80903

Exciting Shooks Run Multi-Family

Pikes Peak view and 3 off-street parking spaces in total

Sitting area behind the property

Alley access

Unit 1 - Groovy 1960's theme two-story

Unit 1

Unit 2 - 1930's style studio with Murphy bed

Unit 2

Laundry

Laundry with coin-operated machines

Unit 3 - Cozy two-story

Unit 3

Unit 4 - Mid Century Modern Garden Level

Unit 4

Floor Plan

Exciting Shooks Run Multi-Family

Image Count: 50

$825,000

Highlights
Income
Fourplex
209 N Arcadia Street, Colorado Springs, CO, 80903 listed by Lauren Collier CNE GREEN MCNE MRP
Active
MLS#: 4774610
Tour #1
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Space maker

Property Description

Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Three units operate as monthly furnished rentals, while the garden level unit is currently rented as an annual furnished rental. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.

Property Listed By

Lauren Collier CNE GREEN MCNE MRP
5671-272-917
230014949

Live Dream Colorado LLC
5113-185-917
00006035

Lauren Collier is a property consultant, marketing specialist, veteran real estate investor, and Broker Owner of Live Dream Colorado, an aspirational purpose-driven real estate firm dedicated to delivering expert advice, best-in-class service, and community philanthropy. She’s sold hundreds of properties and trained dozens of REALTORS®. She routinely engineers listing campaigns that exceed both clients’ expectations and other real estate agents’ predictions. Lauren's proprietary real esta...

Property Details

General Features

Property Type: Fourplex
Year Built: 1900
County: El Paso
School District: Colorado Springs 11
List Price: $825,000

Unit Information

Beds	Baths	Parking	Rent	SqFt
1	1		$1,600	753
	1		$1,500	419
1	1		$1,600	742
1	1		$1,600	498

Total Units: 4

Structure

Foundation: Full Basement
Structure: Stone, Frame
Construction Status: Existing
Siding: Wood
Alley: Gravel

Features

Heating: Hot Water, Natural Gas
Laundry: Coin, Common
Appliances: Oven, Range, Refrigerator

Taxes, Utilities, Lot

Tax: $1,173
Lot Size: 0.10 Acres, 4,160 SqFt
Appliances: Oven, Range, Refrigerator
Handicap: Stairs to back entrance, Stairs to front entrance
Laundry: Coin, Common
Heating: Hot Water, Natural Gas
Existing Water: Municipal
Existing Utilities: Electricity Connected, Natural Gas Connected

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