6,534 Sqft Lot
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision Canon City
MLS Listing ID 7001669
Year Built 1900
Annual Tax Amount $970
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Fourplex
Source Royal Gorge Association of REALTORS®
Property Description
Unlock the potential of this outstanding investment opportunity with this fully occupied four-plex located in the heart of downtown Canon City. This property features four one-bedroom studio units, each leased Month to Month, making it an attractive option for both long term and short term rental strategies. Ideally situated in downtown Canon City, this property is just steps away from Main Street, placing residents within easy reach of an array of destinations like the Royal Gorge Railroad and the Canon City Riverwalk along with all of the shopping, dining, and nightlife options downtown has to offer. Boasting a strong rental track record, this property not only cash flows well but also offers a reliable income stream for investors. The four-plex has been recently painted and features a new roof. Additionally, one of the units has been thoughtfully updated, adding modern appeal and potential for higher rental income. This location is particularly well-suited for short-term rentals, making it a prime investment for those looking to capitalize on the growing demand for vacation accommodations in the area. With its excellent positioning and proven rental history, this four-plex presents a unique opportunity for both seasoned investors and those looking to break into the real estate market. Don't miss your chance to invest in this thriving community!
Location
State CO
County Fremont
Community Canon City
Interior
Heating Forced Air, Wall Furnace
Cooling Refrigerated Air, Window Mount
Exterior
Garage Spaces 6.0
Carport Spaces 6
Fence None
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Sewer Sewer
Water Municipal
Structure Type Masonite Type,Other
Schools
Elementary Schools Washington
Others
Tax ID 11027770
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Nearby Locations