Manitou Springs, CO 80829,125 Ruxton AVE
Manitou Springs, CO 80829,125 Ruxton AVE
Manitou Springs, CO 80829,125 Ruxton AVE
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$2,200,000
Est. payment /mo
4,633 SqFt
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,633 sqft

Price per Sqft $474

MLS Listing ID 9380619

HOA Y/N No

Year Built 1909

Annual Tax Amount $1,863

Tax Year 2024

Lot Size 0.453 Acres

Acres 0.45

Property Sub-Type Multi Family

Source recolorado

Property Description

A rare and extraordinary turnkey rental opportunity in Manitou Springs to own the historic Crosby Cottages, a collective community of two striking single-family homes, four one-of-a-kind themed cottages, and an income-producing 15-unit parking lot.
Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes are purposely updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. This captivating property of six distinct residences forms a cohesive enclave, each with its own private entrance and generous porch. 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 residence at 129 Ruxton offers three beds, two baths and a historic brick fireplace, while the residence at 125 Ruxton features two beds and one bath. The four cabins at 125R Ruxton vary in layout and size. Cabin 1 offers a cozy studio with a ¾ bath and retro flooring, while Cabin 2 features two beds, a loft, an office with built-ins, and a full bath. Cabin 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash. Cabin 4 hosts a bedroom and a ¾ bath with unique tile. The 15-spot parking lot across the street generates year-round income with its prime location between downtown Manitou Springs and several high-volume tourist attractions. Ideally suited for those seeking a well-positioned, income-producing asset in a high-demand 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. OM in supplements.

Location

State CO

County El Paso

Zoning GR + DWTN

Interior

Fireplace N

Exterior

Exterior Feature Lighting

Garage Spaces 1.0

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available, Sewer Connected

Roof Type Composition

Total Parking Spaces 16

Garage Yes

Building

Lot Description Historical District, Landscaped

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Stone,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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REColorado (REColorado MLS)
Listed by Milehimodern
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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125 Ruxton AVE