About This Home
This 0-bedroom, 0-bathroom commercial at 317 E 4th Street #A in Salida, CO is listed for $1,500,000 ($268 per sqft). Built in 1920, the home offers 5,596 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1920
- 0.11 acre lot
- 2 stories
- 2 parking spaces
Property Details
Here is a great rental property investment opportunity in downtown Salida! The Historic, brick, 6 plex on Fourth Street houses (4) studio apartments and (2) 2 bedroom apartments, all with 1 bath. The detached Bungalow on the alley has 3 bedrooms, with a bonus room, 1 bath, and an attached carport.
Shared yard with a storage building in between the buildings. All units include range and refrigerator. The units vary in floor plan and degree of recent updates. South facing windows provide good natural lighting. Sellers pay gas, trash, and water, tenants pay electric.
Nice, peaceful, residential neighborhood location only a block from Alpine Park and 3 blocks from Historic Downtown Salida. Rents have been reasonably maintained to accommodate many long term tenants. Income, Cap Rate, and status of occupied units may change by time of a purchase contract. These properties don't become available often in Salida. Make it yours today!
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
317 E 4th Street #A
Salida, CO 81201
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 317 E 4th Street is listed at $1,500,000 ($268/sqft). The estimated monthly payment is $8,023 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.11 acre lot, 2 stories, 2 parking spaces.
This property is listed by Martin Epp and can be reached at (719) 539-6682.
