Exciting Shooks Run Multi-Family
$825,000
209 N Arcadia St, Colorado Springs, CO 80903
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!
Features
Unit 1
- Groovy 1960’s theme!
- Two stories
- Walks out to back parking lot
Unit 2
- Single level
- Studio apartment with Murphy bed!
- 1930’s theme design!
Unit 3
- Two story with drive-up parking at the front
- Cozy interior
- No units above or below!
Unit 4
- Mid Century theme
- Garden level, direct access to the laundry room
- Annual rental right now
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 pet-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.
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