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Jenessa Turbes

jturbesrealestate@gmail.com +1(719) 494-5890

$ 715,000

Est. payment -/mo

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125 Ruxton AVE #R Manitou Springs, CO 80829

2,175 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5875291

Construction Status Existing

HOA Y/N No

Year Built 1909

Annual Tax Amount $2,034

Tax Year 2024

Lot Size 2,175 Sqft

Property Sub-Type Fourplex

Property Description

A rare and extraordinary turnkey rental opportunity in Manitou Springs to own four one-of-a-kind themed cottages called the historic Crosby Cottages. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes have been recently updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. Each of the four distinct and captivating residences has its own private entrance, generous porch and theme. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The cottages vary in layout and size. Cottage 1 offers a cozy studio with a ¾ bath and retro flooring with a 1910s theme, while Cottage 2 features two beds, a loft, an office with built-ins, and a full bath with 1920s accents. Cottage 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash with a 1930s vibe. Cottage 4 hosts a bedroom and a ¾ bath with unique tile echoing the 1940s. Located in the prime location between downtown Manitou Springs and several high-volume tourist attractions, the Crosby Cottages are ideally suited for those seeking a well-positioned, income-producing asset in a high-demand Historic area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community. Mid- and long-term renters are in place. Consult with the City of Manitou regarding short-term rental questions. FHA financing may be possible if 1 unit is owner occupied. Tenants can get permits to park on the street.

Location

State CO

County El Paso

Area Manitou Springs

Interior

Cooling Ceiling Fan(s), None

Fireplaces Number 1

Fireplaces Type See Remarks

Laundry Gas Hook-up

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Foundation Not Applicable

Water Municipal

Structure Type Frame

Construction Status Existing

Schools

School District Manitou Springs-14

Others

Special Listing Condition Lead Base Paint Discl Req

Unit 1

Sqft 182

Baths 1

Rent Price 1000

Occupied Y

Furnished N

Unit 2

Sqft 988

Beds 2

Baths 1

Rent Price 2300

Occupied Y

Furnished N

Unit 3

Sqft 451

Beds 1

Baths 1

Rent Price 2000

Occupied Y

Furnished N

Unit 4

Sqft 382

Beds 1

Baths 1

Rent Price 1400

Occupied Y

Furnished N

Listed by Compass

Jenessa Turbes

Broker Associate

+1(719) 494-5890

Jenessa Turbes

125 Ruxton AVE #R Manitou Springs, CO 80829

Key Details

Location

Interior

Exterior

Building

Schools

Others

Unit 1

Unit 2

Unit 3

Unit 4

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125 Ruxton AVE #R