REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Apr

Fri

Apr

Sat

Apr

Dewey Shanks

[email protected] +1(806) 681-3612

$ 676,000

Est. payment -/mo

Save Virtual Tour

Price Dropped by $5K

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

8 Beds

4 Baths

4,160 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 4,160 sqft

Subdivision Anderson

MLS Listing ID 4822661

Style Ranch

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 4,160

Originating Board REcolorado

Year Built 1977

Annual Tax Amount $1,978

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Income Property

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 Out Of Area

Zoning R3

Direction In Canon City, at US Hwy 50 and N. Orchard Avenue, drive North on Orchard. The units are on the right (East): 610 N. Orchard Avenue

Interior

Heating Forced Air

Cooling Evaporative Cooling

Appliance Refrigerator, Washer, Dryer

Exterior

Utilities Available Electricity Available

Roof Type Composition

Building

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Harrison

Middle Schools Harrison

High Schools Canon City

School District Canon City Re-1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Virtual Tour https://my.matterport.com/show/?m=vSf4tYqp6st&brand=0&mls=1&

Information and Real Estate Services (IRES)

Listed by Carla Braddy • Real Broker, LLC DBA Real • [email protected],719-792-1111

Dewey Shanks

Agent | License ID: P32281

+1(806) 681-3612

GET MORE INFORMATION

QUICK SEARCH

Colorado

Dewey Shanks

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

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

610 N Orchard Ave #A-D