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Buy a multi-family propertyat 5 Elk Path, Manitou Springs, CO 80829

$725,000

$0/mo

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Multifamily

1,784 Sq. Ft.

8,866 Sq. Ft. lot

320 Days on market

9270408 MLS ID

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About 5 Elk Path multi-family property

Tucked away in the heart of the charming town of Manitou Springs. This historic home offers the opportunity to earn rental income with the neighboring cottage. The main house has a wrap around porch with great views and a main level bedroom. Beautiful hardwood floors on the main level with a washer and dryer. The upstairs has 4 additional bedrooms and a second bathroom. The cottage offers 2 additional bedrooms and a bathroom. Walking distance to downtown Manitou Springs where there is shopping, restaurants, brewery, and more. These homes sit on a dead end street meaning low traffic volume and an overall quiet neighborhood. A short drive to Garden of the Gods, Red Rocks Open Space, Colorado Springs Downtown, Old Colorado City, and US24/I25 for a fast commute.
Tucked away in the heart of the charming town of Manitou Springs. This historic home offers the opportunity to earn rental income with the neighboring cottage. The main house has a wrap around porch with great views and a main level bedroom. Beautiful hardwood floors on the main level with a washer and dryer. The upstairs has 4 additional bedrooms and a second bathroom. The cottage offers 2 additional bedrooms and a bathroom. Walking distance to downtown Manitou Springs where there is shopping, restaurants, brewery, and more. These homes sit on a dead end street meaning low traffic volume and an overall quiet neighborhood. A short drive to Garden of the Gods, Red Rocks Open Space, Colorado Springs Downtown, Old Colorado City, and US24/I25 for a fast commute.

Property details

House

Above Grade Finished Area: 1784

Architectural Style: "Ranch"

Below Grade Finished Area: 220

Building Area Total: 2004

Construction Materials: "Wood/Frame", "Wood Siding"

Lower Sq Ft: 220

Total Sq Ft: 2004

Living Area: 1784

Living Area Units: Square Feet

Stories: 1

Structure Type: "Duplex"

Year Built: 1909

Basement

Basement: "Unfinished"

Bathrooms

Bathrooms Total Integer: 3

Bedrooms

Bedrooms Total: 3

Location

City: Manitou Springs

Country: US

County Or Parish: El Paso

Locale: Manitou Springs

Latitude: 38.856255

Longitude: -104.911774

MLS Area Major: Out of Area

Postal Code: 80829

State Or Province: CO

Street Name: Elk

Street Number: 5

Street Suffix: Path

Subdivision Name: The Cree

Unparsed Address: 5 Elk Path Manitou Springs CO 80829

Utilities

Electric: "Electric"

Utilities: "Electricity Available"

Schools

Elementary School: Manitou Springs

High School: Manitou Springs

High School District: Manitou Springs 14

Middle Or Junior School: Manitou Springs

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Garage

Garage Type: None

Home Owner's Association

Has HOA Covenants: t

Taxes

Has Metro Tax District: Yes

Tax Annual Amount: 2039

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 361.78

Listing Id: 9270408

Listing Terms: "Cash", "Conventional", "FHA", "VA Loan"

List Price: 725000

Mls Status: Active

Number Of Units Total: 2

Standard Status: Active

Lot

Lot Size Acres: 0.2

Lot Size Area: 8866

Lot Size Square Feet: 8866

Lot Size Units: Square Feet

Monthly cost

Estimated monthly cost

$4,469/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$681,500

+$21,750

$703,250

Seller agent commission$21,750 (3%)*

$0 (0%)

Buyer agent commission$21,750 (3%)*

$21,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $21,750 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 18, 2024 at 7:21 p.m.

Data updated: Jun 7, 2023 at 8:55 p.m.

Courtesy of Colin Smith, Solid Rock Realty
This content last updated on 06/07/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information 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. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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