NOT LISTED FOR SALE

8220 W Us Highway 24 Cascade, CO 80809

Cascade-Chipita Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
2 Acres

Last Sold August 23, 2023

Last sale price $710,000

18 Days on Market

Highlights

  • 2 Acre Lot
  • Laundry Facilities
  • Wood Siding
  • Attic Fan

About This Home

As of August 2023

Well maintained and managed income property for sale on the sunny side of Cascade! Three units are substantially under market rent; month to month leases allow for flexible future management of the property. Could be converted to 4 VRBO/Air B&B units. This 4-plex on two acres is located in a high rental demand, low rental supply area. Centrally located between Woodland Park and Colorado Springs this property attracts and retains high quality tenants -- zero vacancy for 5 plus years! Tenants enjoy low utilities, tons of parking, covered balconies and patios, private driveway with no through traffic, hiking access into adjoining national forest, gorgeous views and sunshine. 2,754 sf consisting of four units each with 2 bedrooms, 1 bathroom, living room and kitchen. Each unit is appointed with storage closets, efficient gas wall furnaces, 40-gallon gas water heaters, gas ranges, refrigerators and washer hookups. All units have been updated over the years. Most recently, Unit #2 has been sharply refreshed with all new flooring, paint, complete kitchen and bath upgrades, stainless appliances, and light fixtures. Shared clothes dryer and bear proof 3-yard trash dumpster on grounds for tenant use. Utility shed on property perfect for manager’s tools and supplies or for additional tenant storage income. The two acres of land offers potential to build carports, garages, or additional storage units.

Last Agent to Sell the Property

Chris Clark

Pikes Peak Homes and Land Ltd Listed on: 07/03/2023

Last Buyer's Agent

Jerry Davis

Antioch Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1955

Lot Details

  • 2

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Wood Siding

Attic

  • Attic Fan

Additional Features

  • 2 Acre Lot
  • Wall Furnace

Community Details

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1955

Lot Details

0

Listing Details

  • LaundryFacilites: Common
  • Property Sub Type: Fourplex
  • Prop. Type: Income
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Alley: None
  • Appliances: Cook Top, Refrigerator
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: None
  • Foundation Details: Not Applicable
  • Roof: Other
  • Exterior Construction: Wood
  • Structure: Framed on Lot

Garage/Parking

  • ParkingSpacesNumberOf: 8
  • ListingUnits_1_NumGarage: 0

Utilities

  • Cooling: Attic Fan
  • Heating: Wall Furnace
  • Utilities: Electricity Connected, Natural Gas
  • Hot Water: Municipal

Schools

  • School District: Manitou Springs-14
  • School District: Manitou Springs-14

Lot Info

  • Program Acres Total: 2.0000
  • Lot Size: 2.0000

Tax Info

  • Flip Tax Amount: 1412.34
  • Tax Year: 2022

Multi Family

  • Unit Count: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Off Market $710,000 -- --
08/23/2023 08/23/23 Sold $710,000 +1.4% --
07/21/2023 07/21/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $699,900 -3.5% --
07/03/2023 07/03/23 For Sale $725,000 -- --
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Clark

    Seller's Agent in 2023

    Chris Clark

    Pikes Peak Homes and Land Ltd

    (719) 464-5839

    3 in this area

    161 Total Sales

    Chris Clark
    Section Image

  • J

    Buyer's Agent in 2023

    Jerry Davis

    Antioch Realty

    (719) 640-8488

    1 in this area

    11 Total Sales

    Jerry Davis
    Section Image
See All Agents

Map

Source: Pikes Peak REALTOR® Services

MLS Number: 7947048

Pikes Peak REALTOR® Services

Colorado El Paso County Cascade 80809 Cascade-Chipita Park

8220 W Us Highway 24, Cascade, CO

This home is located at 8220 W Us Highway 24, Cascade, CO 80809 since 03 July 2023. This property was built in 1955. 8220 W Us Highway 24 is a home located in El Paso County with nearby schools including Ute Pass Elementary School, Manitou Springs Middle School, and Manitou Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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