$999,000
For Sale

8130 Chipita Park Road

Cascade, CO 80809
3572 sqft | 7 beds | 4 baths | #7212296
Browse 48 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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, and attracts 1 million people (on average over a two-year period) that visit America's Mountain.  Ample parking for all tenants and owner with each unit having its own parking area. Attached oversized two car garage 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 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!

  • Property Details
      • FloorsCarpet, Luxury Vinyl
      • School DistrictManitou Springs-14
      • RoofComposite Shingle
      • Property SubtypeSingle Family
      • Property TypePurchase
      • CountyEl Paso
      • RegionCascade
      • MLS #7212296
      • MLS #7212296
      • Cost999000
      • Exterior FeaturesWood
      • Square Feet3572
      • Year Built1950
      • Bedrooms7
      • Bathrooms4
      • Full Baths4
      • Total Baths4

Location

Joe CoffeltReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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