Canon City, CO 81212,610 N Orchard AVE #A-D
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Canon City, CO 81212,610 N Orchard AVE #A-D,Video Tour
Canon City, CO 81212,610 N Orchard AVE #A-D
Canon City, CO 81212,610 N Orchard AVE #A-D
Canon City, CO 81212,610 N Orchard AVE #A-D
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$ 676,000
Est. payment /mo
Price Dropped by $5K

610 N Orchard AVE #A-D Canon City, CO 81212

0.42 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3949723

Construction Status Existing

HOA Y/N No

Year Built 1977

Annual Tax Amount $1,977

Tax Year 2023

Lot Size 0.419 Acres

Property Sub-Type Fourplex

Property Description

Looking to add a hassle-free, cash-flowing property to your portfolio? This beautifully updated 4-plex is the perfect investment for the savvy buyer who is seeking a steady passive income with zero renovation headaches. With over one thousand square feet of living space in these 2BDR, 1BA apartments, the open floor plan and generous bedroom sizes make this a stellar rental property attracting A-renters who take care of your property. The updates are extensive, with apartment D, apartment A and apartment B being fully renovated in 2015, 2017 and 2019 respectively. There were three separate partial renovations performed on apartment C in 2017 and 2019 and 2023. And there are more updates which include new gas furnaces installed in 2017 in three of the four apartments. Also, newer washer and dryers (which are sold as part of the property) have been added for each apartment. In 2024, a new class 4 shingled roof was installed on both buildings and finally, a twelve-foot by sixteen-foot storage shed was built in 2023 to store all the items, tools and supplies needed or rent this space for additional income. With a great central location, dedicated off street parking, strong rental history, a cap rate of five plus percent and the option to purchase with owner financing allowing you to skip the traditional lending hurdles make this property a passive income powerhouse. Contact us today to schedule a showing or request financials.

Location

State CO

County Fremont

Area Anderson

Interior

Cooling Evaporative Cooling

Fireplaces Number 1

Fireplaces Type None

Laundry Electric Hook-up

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

Foundation Not Applicable

Water Municipal

Structure Type Brick,Framed on Lot

Construction Status Existing

Schools

School District Canon City Re-1

Others

Special Listing Condition Established Rental History, See Show/Agent Remarks

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Pikes Peak MLS (PPAR)
Listed by Real Broker, LLC DBA Real
agent

Lana Rodriguez

+1(719) 644-8900

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610 N Orchard AVE #A-D