125 Ruxton Avenue R, Manitou Springs, CO

$815,000

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0.05

Acres

About 125 Ruxton Avenue R

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. Tenants can get permits to park on the street. Great for rental and 1031 exchange.

Features of 125 Ruxton Avenue R

MLS® # 5875291
Price $815,000
Acres 0.05
Year Built 1909
Type Income
Sub-Type Fourplex
Status Active

Community Information

Address 125 Ruxton Avenue R
Area Manitou Springs
Subdivision Manitou Springs
City Manitou Springs
County El Paso
State CO
Zip Code 80829

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Connected
Has Pool No

Interior

Appliances Disposal, Dryer, Oven, Range, Refrigerator, Washer
Heating Natural Gas
Cooling Ceiling Fan(s), None
Fireplace No
Fireplaces See Remarks
Has Basement No

Exterior

Roof Composite Shingle
Construction Stone, Wood

School Information

District Manitou Springs-14

Additional Information

Short Sale No
RE / Bank Owned No
Financing Available Cash, Conventional, Other

Listing Details

OfficeCompass
Contact Info303-536-1786

Listing Map

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