$522,500
$529,900
1.4%For more information regarding the value of a property, please contact us for a free consultation.
0.55 Acres Lot
SOLD DATE : 09/27/2023
Key Details
Sold Price $522,500
Property Type Multi-Family
Sub Type Aptmts(6+Units)
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4554286
Sold Date 09/27/23
HOA Y/N No
Year Built 1936
Annual Tax Amount $1,622
Tax Year 2022
Lot Size 0.552 Acres
Property Description
Here is your opportunity to own an extremely rare and unique 6 unit property located in the heart of Canon City situated on over 1/2 acre that has recently been renovated. The unit make up consists of one 2bed/1 bath main house with basement and garage plus a seperate 5 unit building consisting of five studio apartments. Regarding the future operation of the property, there are a few different strategies that can be implemented with the property currently operating at full occupancy w/ six long term leases in place. It will also lend itself well to the short term rental (STR) strategy very well down the road should that be desired. Canon City, Colorado, which is home to the Royal Gorge, is renowend for it's world class unrivaled outdoor activities including rafting, climbing, hiking and mountain biking which keeps upward pressure on both the long term and short term rental markets due to the high quality of life that exists. This property will go quickly! Call today for more information!
Location
State CO
County Fremont
Area Griffins Add
Interior
Cooling Evaporative Cooling
Fireplaces Number 1
Fireplaces Type None
Laundry Coin, Common
Exterior
Garage Spaces 10.0
Utilities Available Cable, Electricity, Natural Gas, Telephone
Roof Type Composite Shingle
Building
Water Assoc/Distr
Structure Type Framed on Lot
Schools
School District Canon City Re-1
Others
Special Listing Condition Established Rental History, Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Broker-Associate, REALTOR® | Lic# ER 40015768