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$535,000

Est. payment - /mo

1,620 SqFt

Active

103 and 105 Nickerson AVE Poncha Springs, CO 81242

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Scott Smith

scott@you1st.com +1(720) 252-7037

UPDATED:

02/09/2025 11:05 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $330

MLS Listing ID 6465950

Style Traditional

HOA Y/N No

Abv Grd Liv Area 1,620

Originating Board recolorado

Year Built 1996

Annual Tax Amount $1,456

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Duplex

Property 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!

Location

State CO

County Chaffee

Zoning T4 General Urban

Rooms

Basement Crawl Space

Interior

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

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Vinyl

Fireplace Y

Appliance Dishwasher, Microwave, Oven, Refrigerator

Laundry Laundry Closet

Exterior

Exterior Feature Private Yard, Rain Gutters

Parking Features Driveway-Gravel

Fence None

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

View Mountain(s)

Roof Type Architecural Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida

School District Salida R-32

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Special Listing Condition None

Virtual Tour https://listings.mediamaxphotography.com/103-105-Nickerson-Ave

Listed by Full Circle Real Estate Group • cathychochon@gmail.com,719-207-3651

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Scott Smith

Broker | License ID: ER.100078434

+1(720) 252-7037

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103 and 105 Nickerson AVE Poncha Springs, CO 81242

Scott Smith

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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103 and 105 Nickerson AVE