$625,000

4 Bedrooms Duplex

  • 4 Beds
  • 1,620 Sqft
  • 12,633 Sqft lot
  • Updated: June 9
  • MLS#6576983

About the Property

Investment opportunity in the heart of Poncha Springs with strong rental history and mountain views. Situated on a spacious 0.29 acre lot, this duplex offers two well maintained 2 bedroom, 1 bathroom units, each providing approximately 810 square feet of living space. Whether you’re looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, t
Investment opportunity in the heart of Poncha Springs with strong rental history and mountain views. Situated on a spacious 0.29 acre lot, this duplex offers two well maintained 2 bedroom, 1 bathroom units, each providing approximately 810 square feet of living space. Whether you’re looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility and income potential.
Both units are currently occupied and generate $1,400 per month each, with leases in place through July 2026. Current tenants have expressed interest in remaining, creating the opportunity for immediate and continued rental income. Owner currently pays water and sewer while tenants are responsible for their own utilities.
The property enjoys beautiful mountain views and sits on an oversized lot offering ample space for parking, outdoor living, gardening, or future improvements. Conveniently located in Poncha Springs just minutes from downtown Salida, residents enjoy easy access to parks, shopping, restaurants, schools, and year round recreation. The combination of location, flexibility, and outdoor lifestyle continues to make this area highly desirable for both renters and homeowners.
With stable occupancy, established rental income, and the versatility to serve as either an investment property or owner occupied residence, this is an opportunity worth exploring.
  • Property type

    Apartment

  • Year built

    1996

  • Price/sqft

    $385

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102 & 104 Palmer Avenue, Poncha Springs, CO 81242, Colorado, United States View on Google Maps
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Jeff Post

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Jeff Post
Colorado, United States
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45
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2025
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CENTURY 21 Community First
CENTURY 21 Community First
7385 W Hwy 50, 81201, Salida, Colorado, United States
View agency profile
Last updated
June 9
First listed
Jun 8
Listing reference
67A0950F-3986-458F-99E1-BA52949EA8DA
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