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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $299
Subdivision Poncha Springs
MLS Listing ID 6778945
Sold Date 06/30/22
Style Contemporary
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,620
Originating Board recolorado
Year Built 1996
Annual Tax Amount $1,330
Tax Year 2020
Acres 0.29
Property Description
Income producing duplex located in Poncha Springs. This is a fantastic opportunity to purchase an investment property in fast growing Chaffee County. Each unit of this modular construction duplex features two bedrooms and one bath. Live in one while renting the other, or just rent them both! This Modular Duplex has so many options. The current tenant has lived in her unit for 6 years. This property also has the potential to separate the two units into individual duplexes on their own property, thus having two separate duplex properties that could be sold separately. They each are located on their own lot and have their own water meters, sewer taps, electric meters and gas meters. Other than having a surveyor confirm that each one is on its own lot, the cost to Poncha Springs is minimal to separate the two. The backyards for the two units could use some TLC, but then you could enjoy the views of the mountains from the patios.
Location
State CO
County Chaffee
Zoning Residential
Rooms
Main Level Bedrooms 4
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen
Heating Forced Air
Cooling None
Flooring Carpet, Vinyl
Fireplace Y
Appliance Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Garage Driveway-Gravel
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
View Mountain(s)
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Other
Schools
Elementary Schools Longfellow
Middle Schools Salida
High Schools Salida
School District Salida R-32
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with First Colorado Land Office, Inc.
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183