$815,000

125 Ruxton Avenue #RManitou Springs, CO 80829

Sq ft: 0
Acres: 0.05
Built: 1909

Listing courtesy of Compass · Active · MLS #5875291

About this home

A rare and extraordinary turnkey rental opportunity in Manitou Springs to own four one-of-a-kind themed cottages called the historic Crosby Cottages. Just moments from the iconic shops, restaurants, and natural landmarks of the Manitou Springs area, these homes have been recently updated by vibrantly combining vintage elements of their 1909 character with modern conveniences. Each of the four distinct and captivating residences has its own private entrance, generous porch and theme. A shared courtyard and community garden cultivate a warm, village-like atmosphere. The structures retain classic character with original restored hardwood floors and some with cast iron tubs and sinks. All have been renovated with updated kitchens, bathrooms, individual electric meters, washer/dryer hookups, updated electrical, updated plumbing, fresh paint inside and out. The cottages vary in layout and size. Cottage 1 offers a cozy studio with a ¾ bath and retro flooring with a 1910s theme, while Cottage 2 features two beds, a loft, an office with built-ins, and a full bath with 1920s accents. Cottage 3 presents a bedroom, a full bath and stylish accents including a subway tile backsplash with a 1930s vibe. Cottage 4 hosts a bedroom and a ¾ bath with unique tile echoing the 1940s. Located in the prime location between downtown Manitou Springs and several high-volume tourist attractions, the Crosby Cottages are ideally suited for those seeking a well-positioned, income-producing asset in a high-demand Historic area with limited rental availability. Situated moments from the Manitou Incline, Pikes Peak Cog Railway, local dining, shopping, trails and Garden of the Gods, this property offers an unparalleled rental income community. Mid- and long-term renters are in place. Consult with the City of Manitou regarding short-term rental questions. Tenants can get permits to park on the street. Great for rental and 1031 exchange.