Active
317 E 4th Street Unit: A
Salida CO, 81201
$1,600,000
$285.92 per sqft
Active
5,596 sqft
Commercial
Built in 1920
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!
6954970
MLSⓇ ID
February 20, 2025
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Architectural Style
Bungalow, Traditional
Roof
Membrane, Metal
Sewer
Public Sewer
Other Property Details
Taxes
$2,812
Tax Frequency
Annually
Garage
No
Parking
Concrete
Parking Total
2
View
No
County
Chaffee
Water Source
Public
Pool
No
Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Sewer Connected
Zoning
R4
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Data last updated 5:47 PM UTC, 2/21/2025
