8220 W Highway 24, Cascade, CO, 80809

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$815,000

  • Highlights
  • Income
  • Fourplex
  • 8220 W Highway 24, Cascade, CO, 80809 listed by David Carter ABR GRI MRP SRS
  • Under Contract - Showing
  • MLS#: 2040443
  • View on Map
Space maker

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, all interior photos are the renovated 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

Property Listed By

Picture of REALTOR Listing Property
  • David Carter ABR GRI MRP SRS
  • 8736-442-917  Call the Agent 
Picture of Office Listing Property
  • Call It Closed International Realty
  • 9333-833-704  Call the Agent 
David Carter is a seasoned real estate professional with over 9 years of experience in the industry. As a licensed Realtor at Call It Closed Int. Realty, he is committed to helping his clients achieve their real estate goals, whether they are buying or selling a home. David's expertise and knowledge of the local real estate market make him a valuable asset to anyone looking to navigate the buying or selling process. He has a deep understanding of the different neighborhoods in the area, as w...

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1955
  • County: El Paso
  • School District: Manitou Springs-14
  • List Price: $815,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $1,385 689
    2 1 $1,300 689
    2 1 $1,550 689
    2 1 $1,685 689
  • Total Units: 4
  • Total Rent: $5,920

    Structure

  • Structure: Framed on Lot
  • Construction Status: Existing
  • Siding: Wood
  • Window Type: Aluminum

    Features

  • Heating: Natural Gas, Wall Furnace
  • Cooling: Attic Fan
  • Laundry: Common
  • Appliances: Cook Top, Dishwasher, Refrigerator

    Taxes, Utilities, Lot

  • Tax: $2,706
  • Lot Size: 2.00 Acres, 87,120 SqFt
  • Appliances: Cook Top, Dishwasher, Refrigerator
  • Laundry: Common
  • Heating: Natural Gas, Wall Furnace
  • Cooling: Attic Fan
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected

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          8220 W Highway 24, Cascade, CO, 80809

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          Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.