$1,175,000
For Sale

1107 Manitou Avenue

Manitou Springs, CO 80829
Browse 6 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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 one-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 Residential 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.

  • Property Details
      • Exterior FeaturesStucco
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1942
    • Material information
      • RoofOther
  • Community and Neighborhood Details
      • School DistrictManitou Springs-14
      • RegionManitou Springs
      • CountyEl Paso
  • Other
      • MLS #1671348

Location

Michele Gwin | RE/MAX ProfessionalsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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