103 Nickerson Ave Active

Poncha Springs,CO 81242

$ 525000

4 Beds

2 Baths

1620 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $324

MLS Listing ID 6465950

Style Ranch

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 1,620

Originating Board REcolorado

Year Built 1996

Annual Tax Amount $1,456

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Income Property

Property Description

Have you been looking to break into the area real estate market as an investor? This duplex successfully rents for $3,000 per month (total gross income). Seller is offering owner financing to qualified buyers at below market terms. The south unit (105) has been updated with LVT flooring, new cupboards and countertops, along with newer appliances. The north unit (103) is in its original condition, however, the tenants have been in place for 18 years and are hoping to stay put continuing their month-to-month lease (no searching for new tenants and no rush to update it!). Modular construction with each having in-unit laundry hookups. Re-roofed Fall of 2019. Conveniently located near a park, the Poncha Pub, groceries, and a hardware store. The neighborhood consists primarily of full time residents, giving folks the opportunity to get to know their neighbors. It offers the added bonus of being just minutes from Salida too! Each side of the duplex offers one level living, with 2 bedrooms, 1 bath, vaulted ceiling, and lots of natural light. Each unit comes with its own shed for bikes, tools, and storage totes. Situated on 2 original town lots, totaling 0.29 acres, creating a spacious backyard. No covenants, zoned T4 General Urban. Great opportunity for someone wanting to live in one side, while renting out the other side. Bring an offer!

Location

State CO

County Chaffee

Area Out Of Area

Zoning T4 General Urban

Direction From the main stoplight at the intersection of US Hwy 50 and US Hwy 285, proceed west 2 blocks on West Poncha Avenue. Turn right/north onto Nickerson Avenue. Duplex will be second property on your right.

Rooms

Other Rooms Outbuildings

Basement Crawl Space

Interior

Interior Features Eat-in Kitchen,Cathedral/Vaulted Ceilings

Heating Forced Air

Fireplaces Type None

Fireplace false

Appliance Dishwasher,Refrigerator,Microwave

Exterior

Garage Spaces 6.0

Utilities Available Natural Gas Available,Electricity Available,Cable Available

View Mountain(s)

Roof Type Fiberglass

Street Surface Gravel

Handicap Access Level Lot

Porch Patio

Building

Lot Description Gutters,Level

Faces West

Story 1

Sewer City Sewer,Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Concrete

New Construction false

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida

School District Salida R-32

Others

Senior Community false

SqFt Source Assessor

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