Introducing Yale Place, an exceptional investment opportunity in Canon City, Colorado, brought to market by Capstone Apartment Partners. This listing is must be sold with 528 Yale Place. When combines with 528 Yale Place, the combined offering includes eight individually deeded townhomes, each functioning similarly to single-family homes. These meticulously maintained 2-bedroom, 1.5- bath units feature two deeded parking spaces, wall A/C, in-unit washer/dryer hookups, and access to a large common backyard. With immediate potential for rental income growth through cosmetic upgrades to kitchens and baths, Yale Place presents a unique value proposition. Strategically located near major employment centers such as St. Thomas More Hospital and the Colorado Correctional Facility, Yale Place benefits from a highly insulated market with resilient economic activity, consistent rental demand, and limited vacancy, ensuring stable and attractive returns for investors.
Sold for $712,500 on 09/25/24
$712,500
512 Yale Place, Canon City, CO 81212
--beds
--baths
4,368sqft
Quadruplex
Built in 1973
-- sqft lot
$725,300 Zestimate®
$163/sqft
$1,714 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2024 at 03:51pm
Listed by:
Adam Riddle ariddle@capstone-companies.com,
Capstone Apartment Partners, LLC,
Adam Riddle 303-328-5208,
Capstone Apartment Partners, LLC
Bought with:
Other MLS Non-REcolorado
NON MLS PARTICIPANT
Source: REcolorado,MLS#: 9942271

Facts & features
Interior
Heating
- Forced Air
Cooling
- Air Conditioning-Room
Features
- Has basement: No
Interior area
- Total structure area: 4,368
- Total interior livable area: 4,368 sqft
- Finished area above ground: 4,368
Property
Parking
- Total spaces: 8
- Details: Off Street Spaces: 8
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
Details
- Parcel number: 3821282305005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stucco
- Roof: Composition
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Canon City
- Subdivision: Canon City
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Individual
Services availability

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