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4381 Val Verde Way

Colorado City, CO 81019
  • $409,900
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: 197280
UPDATED: 50 min ago
$409,900
  • 7
    BEDS
  • 0.53
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,254
    SQFT
  • $126
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971

School Ratings & Info

School District:
70

Description

Income Generating Property located in the heart of Colorado City. Short walking distance to stores. Can be rented out as 4 apartments (3 units with 2 bedrooms/1 bath, 4th unit with 1 bed/1 bath) OR Can be rented out as 3 apartments (2 units with 2 bedrooms/1 bath, 3rd unit with 3 bed/2 baths). All units have refrigerators and electric range. Units 2 & 4 have washer/dryer hookup. Units 1&4 utilities are connected, so unit 1 rent includes utilities Currently on propane, but natural gas is at the street. Roof is 3 to 4 years old. 2 Storage Buildings. Some units have newer vinyl flooring. Sewer Line update 2019. Lot is approximately 1/2 acre, possibly enough to build an additional unit. Owners are also selling contiguous vacant multihousing lot on which additional units could be built. Purchase this and begin building your real estate empire. Or Buy this, live in one unit, and have the rent from the other tenants pay your monthly mortgage. Either way, this is a great property to own.

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© 2022 Pueblo Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Artisan Group at Keller Williams Premier Realty. Data last updated: 2022-01-26T11:04:29.337.
www.artisangroupco.com/homes/122883530
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4381 Val Verde Way Colorado City, CO 81019

  • Price: $409,900
  • Status: Active
  • On Site: 88 Days
  • Updated: 50 min ago
  • ID#: 197280
7
Beds
4
Baths
0
½ Baths
0.53
Acres
3,254
SQFT
$126
$/SQFT
1971
Built
Neighborhood:
Colorado City
Area:
Southwest County
School District:
70
Property Description
Income Generating Property located in the heart of Colorado City. Short walking distance to stores. Can be rented out as 4 apartments (3 units with 2 bedrooms/1 bath, 4th unit with 1 bed/1 bath) OR Can be rented out as 3 apartments (2 units with 2 bedrooms/1 bath, 3rd unit with 3 bed/2 baths). All units have refrigerators and electric range. Units 2 & 4 have washer/dryer hookup. Units 1&4 utilities are connected, so unit 1 rent includes utilities Currently on propane, but natural gas is at the street. Roof is 3 to 4 years old. 2 Storage Buildings. Some units have newer vinyl flooring. Sewer Line update 2019. Lot is approximately 1/2 acre, possibly enough to build an additional unit. Owners are also selling contiguous vacant multihousing lot on which additional units could be built. Purchase this and begin building your real estate empire. Or Buy this, live in one unit, and have the rent from the other tenants pay your monthly mortgage. Either way, this is a great property to own.
Exterior Features

Exterior Features Rv ParkingIrregular LotPaved StreetShed Lot Dimensions 72X230 Parking Garage No GarageOn Site Parking Style Two Story Unit1 Garage N Unit2 Garage N Unit3 Garage No Unit4 Garage N

Interior Features

Interior Features Window CoveringsSmoke Detector Unit1 Appliances Yes Unit1 Baths F Unit1 Bdrms 2 Unit1 Cooling Roof Evap Unit1 Level M Unit1 Rent 800 Unit1 Rooms 4 Unit1 Sqft 863 Unit2 Appliances Yes Unit2 Baths F Unit2 Bdrms 2 Unit2 Cooling None Unit2 Level M Unit2 Rooms 4 Unit2 Sqft 863 Unit3 Appliances Yes Unit3 Baths F Unit3 Bdrms 2 Unit3 Cooling Roof Evap Unit3 Level U Unit3 Rooms 4 Unit3 Sq Ft 863 Unit4 Appliances Yes Unit4 Baths T Unit4 Bdrms 1 Unit4 Cooling Wall Unit Unit4 Level M Unit4 Rooms 3 Unit4 Sqft 665 Unit5 Appliances No Unit6 Appliances No Unit7 Appliances No Unit8 Appliances No

Property Features

Basement Substructure No Basement Irregular Lot Size Yes Prior Tax Year 2020 Property Type Fourplex Taxes 1788.54 Unit1 Condition Good Unit1 Lease Term Mtm Unit2 Condition Good Unit2 Lease Term Mtm Unit2 Rent 800 Unit3 Condition Good Unit3 Lease Term Mtm Unit3 Rent 600 Unit4 Condition Good Unit4 Lease Term Mtm Unit4 Rent 600 Water Rights No Zoning R-5

Listing provided courtesy of Harland Cason of Harland Cason Dba Hello Southern Colorado.
© 2022 Pueblo Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Artisan Group at Keller Williams Premier Realty. Data last updated: 2022-01-26T11:04:29.337.
 
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The Artisan Group at Keller Williams Premier Realty
25 N. Spruce Street #200
Colorado Springs CO, 80905