See all 33 photos
$1,500,000
Est. payment /mo
4,688 Sqft Lot
Active
317 E 4th ST Salida, CO 81201
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6954970
Style Bungalow,Traditional
HOA Y/N No
Year Built 1920
Lot Size 4,688 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
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!
Location
State CO
County Chaffee
Zoning R4
Exterior
Carport Spaces 2
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Sewer Connected
Waterfront Description Public
Roof Type Membrane,Metal
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Traditional
Others
Tax ID R380705157172

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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byFirst Colorado Land Office, Inc.
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Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.