8220 W Us Highway 24, Cascade, CO 80809
- $815,000
- 8
- BD
- 4
- BA
- 2,754
- SqFt
Courtesy of Call It Closed International Realty . 719-244-6378
- List Price
- $815,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 6707316
- Subtype
- Residential Income
- Year Built
- 1955
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,754
- Lot Size
- 87,120
- Acres
- 2
- Subdivision
- Guier
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 (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 (FHA/VA financing possible on a 2-4 unit). Three of four units month-to-month by August leave clear mark-to-market and pet-premium upside. Financials, rent roll, and a short-term-rental analysis available to qualified buyers.
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Additional Information
- Exterior Features
- Balcony
- Taxes
- $2,706
- Zoning
- R-T
- Flooring
- Vinyl
- Appliances
- Range, Refrigerator
- Heating
- Natural Gas, Wall Furnace
- Air Conditioning
- Attic Fan
- Levels
- One
- Roof
- Other
- Parking Features
- Dirt Driveway
- School District
- Manitou Springs 14
- Elementary School
- Manitou Springs
- Middle School
- Manitou Springs
- High School
- Manitou Springs
- View
- Mountain(s)
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