$1,189,000 Price Analysis   ♡   Manitou Springs, CO 80829 4 bed 8 bath unknown SqFt ($0/SqFt) 3,920SqFt lot. Listed 2024-07-19, Taxes $5,184 | Ⓧ USDA Ineligible due to price & location near Manitou Springs |
Opportunity to own a mixed-use building in the heart of Manitou Springs!
This mid-century modern building has 4 commercial units on the ground level and 4 on-bedroom units on the upper level. This property could be both an investment and owner-occupied property. As an owner-occupied property, there is easy access to downtown Manitou Springs, Soda Springs Park across the street and numerous hiking trails that are within walking distance. Two of the 1-bedroom residential units could be combined to create a larger owner unit if desired.
There is adequate on street parking in the R esidential Parking Permit (RPP) area that runs from the Ruxton Ave. intersection to Minnehaha to the west. There are 4 parking spaces in front of the property that are available for retail customers from 9 am to 6 pm daily. There is additional land behind the building that is terraced. This area could be used for future building or outside area for owner or residents. There is a small un-rented space on the first floor that the owners have used as an office. This could be converted to a laundry room for the residents.
Presented by Kathleen Haas at
Colorado Realty 4 Less, LLC.
Property MLS #1671348 from PikesPeakMLS
Full Bathrooms: 8
Lot Size Square Feet: 3920
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: El Paso
Tax Year: 2023
Source Property Type: Income
Source Neighborhood: Hulbert & Ehrich Sub
Subdivision: Hulbert & Ehrich Sub
Property Subtype: Mix Use
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $63,300 + $6,420 $69,720 | $5,184 |
| 2021 | $63,920 + $6,480 $70,400 | $5,304 |
| 2020 | $52,680 + $5,420 $58,100 | $4,594 |
| 2019 | $52,680 + $5,420 $58,100 | $4,878 |
| 2018 | $47,080 + $4,860 $51,940 | $4,593 |
| 2017 | $47,080 + $4,860 $51,940 | $4,063 |
| 2016 | $39,650 + $4,460 $44,110 | $3,451 |
| 2015 | $39,650 + $4,460 $44,110 | $3,412 |
| 2014 | $39,650 + $4,460 $44,110 | $3,210 |
| 2013 | $39,650 + $4,460 $44,110 | $3,211 |
| 2011 | $39,650 + $4,460 $44,110 | $3,170 |
| 2010 | $39,650 + $4,460 $44,110 | $3,180 |
| 2009 | $39,140 + $4,960 $44,100 | $3,167 |
| 2008 | $32,730 + $4,960 $37,690 | $2,807 |
| 2007 | $32,730 + $4,960 $37,690 | $2,811 |
$1,189,000
PikesPeakMLS
Natural Gas Connected
Foundation Details: Slab
Structure Type: Concrete Block, Frame
Year Built Details: Existing
 |  |  |  |  |
 | ||||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.