See Home Value
$617,874*
Multifamily - Off Market

121 Ruxton Avenue

Manitou Springs, CO 80829
bedrooms
Studio
bathrooms
0 Bath
$495,000 - $603,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This is a turn-key investment opportunity with a fully leased building, long-term leases in place. A completely restored and updated Mixed Used 4-Plex, -- The Twin Springs Building!   Commercial below, residential above in the perfect location on Ruxton Avenue just a block up from Manitou Avenue.  Use this building as a live/work space, or keep it strictly as an income property.  The potential uses are limitless. Large 1 bedroom loft upstairs is adorned with a wall of windows bringing in ample lighting, a new kitchen with stainless steel appliances and soft close cabinetry, 1 bedroom with a washer and dryer included.  The back studio includes one bedroom with a washer/dryer and updated kitchen. Each commercial space is updated with brand new bathrooms and ample space with 10 ft+ ceilings and amazing foot traffic.  New commercial grade roof.  Parking is on street with residential parking passes provided by the city so you are not competing with tourists for parking.  Adjudicated spring water rights included!
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,878
HOA Dues
-
Year Built
1968

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 1, 2020 In contract -
In contract
May 27, 2020 Price Decreased $549,000
↓ $49K (8.1%)
Price Decreased
May 5, 2020 Price Decreased $597,500
↓ $500 (0.1%)
Price Decreased
Jan 13, 2020 Listed $598,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
1 Bed
1 Bath
842 ft²
$529/ft²
$445,000 Sep 20, 2022
-
$124/mo
House
3 Beds
2 Baths
1,492 ft²
$435/ft²
$649,000 Jan 4, 2023
-
$149/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200113
01/13/2020
Studio
-
-
$598,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20190506
05/06/2019
Studio
-
-
$650,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

121 Ruxton Avenue 121 Ruxton Avenue, Manitou Springs, CO 80829
More about this Building
121 Ruxton Avenue
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About Manitou Springs


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