209 North Arcadia Street, Colorado Springs, CO 80903

This four-unit residential income property includes Unit 1, a two-story space with a 1960s-style theme that walks out to the back parking lot. Unit 2 is a single-level studio apartment with a Murphy bed and a 1930s-inspired design. Unit 3 is also two stories, featuring drive-up parking at the front and no units above or below. Unit 4 is a mid-century style garden level unit with direct access to the laundry room.

Off-street parking totals three spaces in the parking lot, with additional street parking available. The property also features a large patio and sitting area in the back, along with Pikes Peak views and alley access. An on-site laundry room contains owned, coin-operated washer and dryer equipment. A central boiler serves the entire property, and each unit includes portable A/C. Plumbing has been upgraded to PEX, supporting the building’s overall utility infrastructure.

Operationally, three units are currently run as monthly furnished rentals, while the garden level unit is rented as an annual furnished rental. Rents include utilities and trash, and the owner provides one internet connection that the building shares. The units have been operated pet-free and smoke-free. This combination of unit mix, shared services, and covered laundry and utility systems can be appealing for an owner seeking a streamlined, self-contained residential rental setup.