8220 W US Highway 24
Multi-Family $ 815,000

8220 W US Highway 24

Cascade, CO 80809

  • 8 Beds
  • 4 Baths
  • 2,754 SqFt
  • 2 Lot Size
  • 1955 Year Built
Rare Ute Pass income play on 2 usable acres between Woodland Park and Colorado Springs - a fully-occupied 1955 fourplex with a 5+ year near-zero-vacancy track record and real capital already in the ground: upgraded electrical, all-new windows, and two turnkey-remodeled units (new kitchens, LVP flooring, paint, and appliances). Four 2-bed/1-bath units (~689 sf) with gas heat, gas ranges, refrigerators, and in-unit washer hookups; shared dryer, bear-proof trash, and a utility shed on the grounds. Lean operating profile - tenants cover electric, gas, and water; owner carries trash only. Unincorporated El Paso County has no short-term-rental permit requirement (buyer to verify) - pair that with two already-renovated units, a private drive, abundant parking, mountain views, and national-forest access, and the property reads as a compelling STR / mid-term-rental conversion or owner-occupant house-hack (FHA/VA financing possible on a 2-4 unit). Three of four units month-to-month by August leave clear mark-to-market and pet-premium upside. Financials, rent roll, and a short-term-rental analysis available to qualified buyers.
Listed by Call It Closed International Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 754 sqft

    Price per Sqft $295

    Subdivision Guier

    MLS Listing ID 6707316

    Bedrooms 8

    HOA Y/N No

    Abv Grd Liv Area 2,754

    Year Built 1955

    Annual Tax Amount $2,706

    Tax Year 2025

    Lot Size 2.000 Acres

    Acres 2.0

    Property Sub-Type Quadruplex

    Source recolorado

  • Location

    State CO

    County El Paso

    Zoning R-T

  • Building

    Lot Description Foothills

    Sewer Septic Tank

    Water Public

    Level or Stories One

    Structure Type Frame,Wood Siding

  • Interior

    Heating Natural Gas, Wall Furnace

    Cooling Attic Fan

    Flooring Vinyl

    Fireplace N

    Appliance Range, Refrigerator

    Laundry Common Area

  • Exterior

    Exterior Feature Balcony

    Parking Features Unpaved

    Fence None

    Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected

    View Mountain(s)

    Roof Type Other

    Total Parking Spaces 8

    Garage No

  • Schools

    Elementary Schools Manitou Springs

    Middle Schools Manitou Springs

    High Schools Manitou Springs

    School District Manitou Springs 14

  • Others

    Senior Community No

    Ownership Corporation/Trust

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition None

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