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8130 Chipita Park Road

Cascade, CO 80809
  • $999,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 1106456
UPDATED: 216 min ago
$999,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of LPT Realty LLC: 775-544-1328.

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 owners 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 Pikes 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 owners 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!

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Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-12-02T23:41:18.847.
www.tarynsimental.com/homes/158093712
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8130 Chipita Park Road Cascade, CO 80809

  • Price: $999,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 216 min ago
  • ID#: 1106456
0
Beds
0
Baths
0
½ Baths
0.8
Acres
1950
Built
Neighborhood:
Cascade
County:
El Paso
Area:
Cascade
School District:
Manitou Springs-14
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 owners 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 Pikes 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 owners 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!
Exterior Features

Foundation Details Partial Basement Lot Size 0.8000 Lot Size Units Acres Parking Spaces Number Of 20 Roof Composite Shingle Siding Wood Structure Frame

Interior Features

Appliances DishwasherDisposalDryerMicrowave OvenOvenRefrigeratorWasher Cooling None Fireplace Description Wood Burning Heating BaseboardForced AirHot WaterNatural Gas Laundry Facilities Electric Hook-up Unit Total Baths 4 Unit Total Beds 7

Property Features

Earnest Money 9000 Income Property Sub Type Fourplex Notices Not Applicable Tax Amount 2535.55 Tax Year 2023 Terms CashConventionalFHAVA Unit Count 4 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-12-02T23:41:18.847.
 
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Simental Homes | The Cutting Edge, Realtors
5881 N Academy Blvd
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of LPT Realty LLC: 775-544-1328.