Single Family Detached
Motivated sellers who are retired and ready to travel are seeking a motivated buyer (handyman, DIY, Contractor, Investor) who understands the value of two of the more desirable single family rental units located within a C-2 zone one block from the downtown area of Walsenburg. Much work has been completed (upgraded electrical, plumbing, new sewer line to main, addition of laundry facilities and much more) and there is more to be done. If you believe you are a prospective buyer, it is important that you be willing to negotiate price on an as-is basis (the owners are fully aware of mandatory repairs/upgrades) and be willing to assume the property as is and make further property improvements which will inure to your benefit. These units, as they sit, realize an annual rental income of about $15,000. This property offers future development opportunities such as multi-family residential, senior housing, commercial, and others. These properties are also well-suited to the owner who wishes to live in one unit and continue making repairs and upgrades while benefiting from the rental income of the second unit. While the current owners have a vision for improving the property, it is time for someone else to assume the mantleGreat investment opportunity to own 2 well maintained & recently updated homes in Walsenburg, CO. Both homes are currently rented & can be purchased as positive income rentals.
MLS # 167287
Courtesy Of Code of the West Real Estate LLC
Age: Over 50 Years Old
Amenities: Patio, Basement
Architecture Style: Ranch
Floor Covering: Hardwood
Lot Size: 0.2 Acres
Parking Type: Garage - Detached
Roof Type: Unknown
Rooms: Basement, Bedroom, Full Bath, Kitchen, Living Room
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Single Family Detached
located at 216/218 6th St, Walsenburg, CO
is currently for sale.
216/218 6th St, Walsenburg is listed
This property has 5 bedrooms, 2 full bathrooms, and approximately 2,074 square feet.
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