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Dave Fish

[email protected] +1(303) 818-3413

$ 550,000

Est. payment -/mo

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217 E Main Cripple Creek, CO 80813

6 Beds

4 Baths

3,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Subdivision Cripple Creek

MLS Listing ID IRE7154052

Bedrooms 6

HOA Y/N No

Year Built 1895

Annual Tax Amount $870

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Source ires

Property Description

* Price Reduced!** 10% CAP RATE Charming 4plex in the historic town of Cripple Creek. This building once operated as the general store, built in 1895, and lovingly restored/ renovated. Situated on a corner lot in the heart of town, it is easily rented to the abundant workforce of casino/Gold Mine employees or construction contractors serving the area. There is also the added income potential of a thriving short term rental market. These units never stay vacant for long! All four units are rented. Photos are from the listing ads and not shown as currently occupied. Solid Brick construction, almost all new windows, vinyl flooring, concrete or laminate countertops, new tile in the bathrooms, lots of life left in the appliances and water heaters. Two units have washer/dryer. Unit A & B have unique lofts (lower ceiling height and accessible by stairs), tenants in the past have used them to sleep. All tenants currently work nights and sleep into the afternoon. New roof in 2024, new paint/stain on all decking & stairs. Each unit has separate gas/electric meters. Owner pays trash, water, taxes & Insurance. Plenty of parking. Casino shuttles available throughout town or to CO Springs. Visit the Ice castles, take the scenic train to Victor, see the famous wooden troll sculpture, take a mine tour, or late-night cemetery tour (cripple Creek is notoriously haunted) or sit on the front stoop and feed the wild donkeys that roam the streets. This town has so much to offer and is a little slice of preserved history. Seller is the listing agent, please reach out with any questions or to schedule a showing.

Location

State CO

County Teller

Community Cripple Creek

Area Out Of Area

Zoning CCK

Interior

Fireplaces Type None

Appliance Refrigerator, Dryer, Microwave, Fire Alarm

Exterior

Exterior Feature Balcony

Garage Spaces 12.0

Utilities Available Natural Gas Available, Electricity Available, Separate Meter Electricity, Separate Meter Gas

View Y/N Yes

View Mountain(s), City

Roof Type Rubber

Porch Deck

Garage Yes

Building

Lot Description Corner Lot, Level, Outbuildings, Historic District, Gutters

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Cresson

Middle Schools Cripple Creek-Victor

High Schools Cripple Creek-Victor Re-1

School District Cripple Creek-Victor Re-1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)

Listed by Annie Josephson

Dave Fish

+1(303) 818-3413

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Boulder, CO

Dave Fish

217 E Main Cripple Creek, CO 80813

Key Details

Location

Interior

Exterior

Building

Schools

Others

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