* 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.
