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Sold for $470,000 on 06/28/24
  • $470,000

    1512 Elm Ave, Canon City, CO 81212

    --beds
    --baths
    3,937sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $483,400 Zestimate®
    $119/sqft
    $1,323 Estimated rent

    What's special

    Attention, investors! This offering boasts 4 Single Family Homes situated on an expansive 1.4-acre lot in Lincoln Park! The property includes three brand-new septic tanks, two storage sheds, and features one home that is wheelchair accessible. All four houses have recently received brand-new roofs, ensuring durability and longevity.Currently, the properties operate on a month-to-month lease basis, providing flexibility for the new owner. Whether you choose to maintain the existing layout or embark on a remodeling venture, the potential for this property is vast. It presents an excellent opportunity for seasoned investors and those looking to make a strategic entry into the rental market. Don't miss the chance to capitalize on the potential of this income property. Schedule your viewing today and envision the possibilities that await on this expansive 1.4-acre parcel with four single-family homes!

    Zillow last checked: 7 hours ago

    Listing updated: January 31, 2025 at 04:28am

    Listed by:

    Tanya L. Marushack,

    Homesmart Preferred Realty

    Bought with:

    Comps, Only

    Source: Royal Gorge AOR,MLS#: 70031MLS Logo

    Facts & features

    Interior

    Cooling
    • Refrigerated Air
    Interior area
    • Total structure area: 3,937
    • Total interior livable area: 3,937 sqft

    Property

    Lot
    • Size: 1.40 Acres
    Details
    • Parcel number: 99104461

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1940

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Canon City

    Other

    Other facts
    • Listing terms: Cash
    Services availability
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    An equal housing lender. NMLS #10287.