Active

8130 Chipita Park Road

Cascade CO, 80809

$999,000


Active

Multi-family

Built in 1950

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 owner's 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 Pike's 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 owner's 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!

1106456

MLS ID

November 21, 2024

Listed

November 25, 2024

Updated

Map

8130 Chipita Park Road
Cascade CO, 80809

Interior Features

Fireplace

Yes


Fireplace Description

Wood Burning


Cooling

No


Heating

Yes


Heating Description

Baseboard, Forced Air, Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.8 Acres


Roof

Shingle

School Information

School District

Manitou Springs-14

Other Property Details

Taxes

$2,536


Tax Frequency

Annually


Garage

No


View

No


County

El Paso


Pool

No

Listed by William Eichelberg, LPT Realty LLC

Listing Contact: 7755441328

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Data Last Updated: 11/25/2024

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