Homes for sale - 8130 Chipita Park RD, Cascade, CO 80809

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$999,000

Est. payment - /mo

0.8 Acres Lot

Active

8130 Chipita Park RD Cascade, CO 80809

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

UPDATED:

11/25/2024 04:02 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1106456

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,535

Tax Year 2023

Lot Size 0.800 Acres

Property Description

Opportunities abound! Total of 4 different units on this log sided retreat set on nearly an acre overlooking Fountain Creek. Three units span the main house with an additional detached standalone cabin. Three out of the four units are currently rented out with the main 1600 sq ft home open for the new owner to occupy and collect rent from the other 3 units. Or, for more upside rental potential, rent the owner’s home out as well. The property does have a VRBO history. (Please check agent remarks for AirDNA data and all info concerning potential VRBO rental income.) Tremendous location in the affluent community of Cascade, located near the Pike’s Peak Highway, which is an international tourist destination, with an average of 1 million people visiting America's Mountain each year. Ample parking for all tenants and owner with each unit having its own parking area. Oversized two car garage attached to the main house. Current owner has made many improvements and updates to the property. Both buildings have new roofs (2022). The owner’s home has new stainless steel appliances in the kitchen, new carpet, paint, luxury vinyl flooring, and a remodeled bathroom! The main house also has 2 wood burning fireplaces for cozy evenings, while the oversized windows (all units) let natural light pour in so you can take in the natural beauty of your surroundings. The side unit, lower unit, and standalone cabin also have new luxury vinyl flooring and carpet. The setting is picturesque and in the heart of tourist destinations with easy year round access. Fountain creek skirts the back of the property creating a perfect mountain setting for all guests to enjoy. Watch the video tour in the links!

Location

State CO

County El Paso

Area Cascade

Interior

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Laundry Electric Hook-up

Exterior

Garage Spaces 20.0

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Foundation Partial Basement

Water Municipal

Structure Type Frame

Schools

School District Manitou Springs-14

Others

Special Listing Condition Not Applicable

Unit 1

Sqft 1604

Beds 2

Baths 1

Garages 2

Occupied N

Furnished Y

Unit 3

Sqft 484

Beds 1

Baths 1

Rent Price 1400

Occupied Y

Furnished N

Unit 2

Sqft 540

Beds 2

Baths 1

Rent Price 1400

Occupied Y

Furnished N

Unit 4

Sqft 944

Beds 2

Baths 1

Rent Price 1300

Occupied Y

Furnished N

Listed by LPT Realty LLC

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Jerid Wempen

Broker

+1(720) 297-4020