5 & 7 Elk Path Unit

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Sold Manitou Springs, CO 80829 MLS# 6530101 Sold by Miranda Price on 12/28/2020
$985,000
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Multi-Family Property Type
5 Bedroom
3 Bathroom
0 Garage
4768.00 Sq Ft
0.40 Acres
1899 Year Built

Overview

Very unusual income property in Manitou Springs. 5 turn of the century homes located on 2 lots. EP 5, unit 5 is an adorable, well maintained 2-story gingerbread Victorian built in 1899 with original flooring and trim and a stunning garden. EP 5, unit 7 is a stately 2 story Victorian built in 1892 with a large wrap around porch, so many special touches throughout showcasing the love a generational home provides. Unit 5 offers off street parking for 2 vehicles, Unit 7 offers a stacked parking with an open carport at the back of the lot, large enough to park 2 vehicles in line. This home has not been a rental in the past. Tax records for EP 9 show all three ranch style units to be built in 1909 and each home is unique and special in its own way and really must be seen to be appreciated. Parking for Lot 3's 3 buildings is located on adjacent Lot 4 via easement. All 4 properties which have been utilized as rentals have strong rental history as there has historically been great demand for the area. The properties are located a short walking distance from the heart of Manitou Avenue, a top a hill on a private cul-de-sac offering great privacy and peaceful setting while still enjoying all the amenities of Manitou.

New Home Sales Hours

Courtesy Of Farris Price
Source: REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 4,768
    • Living Area, Finished 4,768
    • Above grade, Finished 4,768
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $206.59
    • PSF Finished $206.59
    • PSF Above Grade $206.59
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Tenant Property
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 3
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 5
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type 1 Bedroom
    • Total Units 2
    • Average Rent
    • Average SqFt
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Detached house
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 1
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 2 Bedroom
    • Total Units 2
    • Average Rent
    • Average SqFt
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Detached house
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 2
    • Bathrooms per Unit 2
    • Parking Per Unit
    • Unit Type 4 Bedroom Or More
    • Total Units 1
    • Average Rent
    • Average SqFt
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Detached house
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 5
    • Bathrooms per Unit 2
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels Two
    • Stories
    • Structure Type Quadruplex
    • Unit Floor #
    • View Mountain(s)
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Frame
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Garden,Private Yard
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Covered
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Cul-De-Sac,Foothills
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.40
    • Lot Size Dimensions
    • Lot Size SqFt 17,424
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $2,462,500
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 10
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 10
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling None
    • Green Energy Efficient
    • Heating Forced Air,Gravity
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $
    • Operating Expense Includes
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $
    • Gross Income $
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $2,461
    • Legal Description LOT 2 & 3 THE CREE REPLAT
    • Tax Exemptions
    • Tax ID 74054-02-039
    • Tax Year 2019
    Other
    • Tenant Pays Electricity,Gas
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Other
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent Manitou Avenue to Deer Path Avenue (s), Left on Elk Path, properties are on left
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $1,000,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession Subject To Tenant Rights
    • Special Listing Conditions None Known
    • Year Built 1899

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    School Zone

    District: Manitou Springs 14
    Schools: Manitou Springs Elementary School, Manitou Springs High School, Manitou Springs Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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