$535,000
For Sale

103 Nickerson Avenue

Poncha Springs, CO 81242
1620 sqft | 4 beds | 0.29 acres | #6465950
Listing OfficeEquity Colorado Real Estate
Browse 19 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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. 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!

  • Property Details
      • Utility FeaturesNatural Gas Available, Electricity Available, Cable Available
      • InteriorEat-in Kitchen, Cathedral/Vaulted Ceilings
      • Sewer InformationCity Sewer, Public Sewer
      • Property SubtypeIncome Property
      • Lot DescriptionGutters, Level
      • Property TypeMulti-Family
      • ViewMountain(s)
      • BasementCrawl Space
      • Utility SourceCity Water
      • Elementary SchoolLongfellow
      • CountyChaffee
      • MLS #6465950
      • MLS #6465950
      • Middle SchoolSalida
      • High SchoolSalida
      • Cost535000
      • Acres0.29
      • Square Feet1620
      • Year Built1996
      • Subdivisionn/a
      • Bedrooms4
      • Parking Spaces6

Location

Brian Clodius | Clodius & CompanyReal Estate Group

Interested in Purchasing 103 Nickerson Avenue?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00