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Contact Information
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Stephen Arnold
(C) (719) 469-9021
The Hancock Group
(M) (719) 384-2541
701 Elm Ave
Rocky Ford CO 81067
Listing Tools
Listing Details
MLS Number: 222654
Property Type: Fourplex
Area: Outlying
List Price: $649,000
Street Number: 820
Direction:
Address: Macon Ave
City: Canon City
State: CO
Zip Code: 81212
Bedrooms: 4
Baths: 4
Style: Two Story
Parking/Garage: 1 Car Garage Detached
Basement/Substructure: Partial Basement
Apx Ttl Bldg SqFt: 2650
Apx Year Built: 1888
Lot Dimensions: 1x1
Zoning: CB
Taxes: 1172
Prior Tax Year: 2023
Unit 1 Bdrms: 1
Unit 1 Baths: T
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Unit 2 Bdrms: 1
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Unit 3 Bdrms: 0
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Unit 4 Bdrms: 1
Unit 4 Baths: T
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Public Remarks: Discover the potential of this meticulously maintained Victorian-style property, ideally situated for both commercial use and residential income. Located in a highly sought-after area, this 4-unit building boasts a commercially zoned status, presenting an excellent opportunity for investors seeking to maximize rental returns. Property Highlights: Four units, currently underutilized in terms of rental income potential Recently upgraded with all new electrical systems in 2018 Nearly complete plumbing updates ensuring modern functionality Equipped with a sprinkler system for added ease of maintainance. Elegant hardwood and tile flooring throughout, maintaining charm and durability Financial and Occupancy Details: Currently achieving 100% occupancy with three units on month-to-month leases Ample opportunity to increase rental rates to market value This property is not just a home but a sound investment in a vibrant community. Don't miss out on your chance to acquire a piece of real estate that offers both immediate returns and future appreciation potential. Schedule your private viewing today to experience the charm and investment potential firsthand.
Variable Commission: Yes
Co-Op %/$: 2.5