Address
121 Ruxton Avenue Manitou Springs, CO
Price
$ 549,000
Property Attributes
  • MLS#4494930
  • TypeContingent
  • CountyEL PASO
  • CityManitou Springs
  • AreaManitou Springs
  • NeighborhoodManitou Springs
  • Zip80829
  • StyleMix Use
  • Year Built1911
  • Taxes1878
  • Price$ 549,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,126 SqFt
Listing Provided Courtesy Of:
Manitou Springs Real Estate
Property Description

This is a turn-key investment opportunity with a fully leased building, long-term leases in place. A completely restored and updated Mixed Used 4-Plex, -- The Twin Springs Building! Commercial below, residential above in the perfect location on Ruxton Avenue just a block up from Manitou Avenue. Use this building as a live/work space, or keep it strictly as an income property. The potential uses are limitless. Large 1 bedroom loft upstairs is adorned with a wall of windows bringing in ample lighting, a new kitchen with stainless steel appliances and soft close cabinetry, 1 bedroom with a washer and dryer included. The back studio includes one bedroom with a washer/dryer and updated kitchen. Each commercial space is updated with brand new bathrooms and ample space with 10 ft+ ceilings and amazing foot traffic. New commercial grade roof. Parking is on street with residential parking passes provided by the city so you are not competing with tourists for parking. Adjudicated spring water rights included!

Price History
1/13/2020 Listed $598,000
5/4/2020 1% - $597,500
5/26/2020 9% - $549,000

General Features

Property Sub Type Mix Use
Property Type Income
School District Manitou Springs
Status Under Contract - Showing
Sub Area Manitou Springs
Tax Amount 1878.00
Tax Year 2019

Interior Features

Appliances Dishwasher, Disposal, Dryer, Microwave Oven, Range Oven, Refrigerator, Washer
Fire Place Desc None
Laundry Facility Electric Hook-up
Unit Count 4
Utilities Electricity, Natural Gas

Exterior Features

Fence None
Foundation Slab
Lot Size 2125.0000
Lot Size Area 2125.00
Siding Brick, Stucco
Structure Brick, Concrete Block
Water Municipal, Water Rights, Well
Wells Numberof 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80829

Price
AVG $410K
$550K
Taxes
AVG $1,490
$1,878
Visits
AVG 105
157
Year Built
AVG 1948
1911
Walkscore
AVG 55
75
Data Provided by Walkscore ® not using MLS data

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