Poncha Springs, CO 81242,102 & 104 Palmer AVE
Poncha Springs, CO 81242,102 & 104 Palmer AVE
Poncha Springs, CO 81242,102 & 104 Palmer AVE
Poncha Springs, CO 81242,102 & 104 Palmer AVE
Poncha Springs, CO 81242,102 & 104 Palmer AVE
Poncha Springs, CO 81242,102 & 104 Palmer AVE
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$485,000

$485,000

Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

1,620 SqFt


SOLD DATE : 06/30/2022

Key Details

Sold Price $485,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $299

Subdivision Poncha Springs

MLS Listing ID 6778945

Sold Date 06/30/22

Style Contemporary

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board recolorado

Year Built 1996

Annual Tax Amount $1,330

Tax Year 2020

Lot Size 0.290 Acres

Acres 0.29

Property Description

Income producing duplex located in Poncha Springs. This is a fantastic opportunity to purchase an investment property in fast growing Chaffee County. Each unit of this modular construction duplex features two bedrooms and one bath. Live in one while renting the other, or just rent them both! This Modular Duplex has so many options. The current tenant has lived in her unit for 6 years. This property also has the potential to separate the two units into individual duplexes on their own property, thus having two separate duplex properties that could be sold separately. They each are located on their own lot and have their own water meters, sewer taps, electric meters and gas meters. Other than having a surveyor confirm that each one is on its own lot, the cost to Poncha Springs is minimal to separate the two. The backyards for the two units could use some TLC, but then you could enjoy the views of the mountains from the patios.

Location

State CO

County Chaffee

Zoning Residential

Rooms

Main Level Bedrooms 4

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen

Heating Forced Air

Cooling None

Flooring Carpet, Vinyl

Fireplace Y

Appliance Dishwasher, Dryer, Oven, Range, Refrigerator, Washer

Laundry Laundry Closet

Exterior

Garage Driveway-Gravel

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Composition

Parking Type Driveway-Gravel

Total Parking Spaces 4

Garage No

Building

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Other

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida

School District Salida R-32

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by First Colorado Land Office, Inc.
Bought with First Colorado Land Office, Inc.

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