$799,900

209 N Arcadia Street, Colorado Springs, Colorado 80903

  • Income Property Type
  • 1900 Year Built
Property Description
Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Three units operate as monthly furnished rentals, while the garden level unit is currently rented as an annual furnished rental. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.
Basic Details
Income
For Sale
4774610
$799,900
1900
Active
Fourplex
: Composite Shingle
Live Dream Colorado LLC
Lauren Collier CNE GREEN MCNE MRP
Features
: Natural Gas, Hot Water
: See Prop Desc Remarks, Other
: Full Basement
: None
: None
: Coin, Common
: Sewer
: Electricity Connected, Natural Gas Connected
Appliances
: Range, Refrigerator, Oven
Address Map
US
CO
El Paso
Colorado Springs
80903
Arcadia
209
Street
W105° 11' 27.3''
N38° 50' 10.3''
N
Neighborhood
Colorado Springs 11
Additional Info
$0
Additional Information
: Municipal
https://youtu.be/oyPkp_TFgrY
: Stairs to front entrance, Stairs to back entrance
Financial
1173.1
Listing Information
00006035
Cash, Conventional, FHA, VA
Active
2026-07-18T08:10:47Z
ElevateMLS
Agent info
The Q Group Real Estate
9524 Federal Dr Suite 100
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Contact Us
theresa@qgrouprealestate.com (719) 331-8524