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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

    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.

    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#: 9942271MLS Logo

    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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