$125,000
5 beds 2 baths 2,074 sq. ft.
37.6231 -104.783
FOR SALE

216/218 6th St Walsenburg, CO 81089

$125,000
Est. Monthly $546 recalculate
5 beds 2 baths 2,074 sf
 

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CENTURY 21 Humpal, Inc.
2550 Stover Street, Building G
Fort Collins, CO 80525
970.­224.1800
970.­224.1800
CENTURY 21 Humpal, Inc.
2550 Stover Street, Building G Fort Collins, CO 80525
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216/218 6th St
Walsenburg, CO 81089

Explore This Property

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

Property Features

  • 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

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $546Your estimated monthly payment
    $25,00020% Down Payment
    $125,000 $112,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • High School
    JOHN MALL HIGH SCHOOL
    Grades 9-12 | Public School

    WALSENBURG, CO 81089
    355 W PINE ST
    719-738-1610
    0.8
    miles

    Total Students 162
    Student Teacher Ratio 17:1

    School Rating

    2 stars View School Details
    School Attendance
    We don't have all attendance zone information for this listing.
    Explore area schools below or for more information

    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Peakview School 0.8 mi Public PRESCHOOL-8

    Local Area Information for Walsenburg, CO 81089

    Median Age: 51.8
    Married: 38.8%
    Number of Households: 2,107
    Households with Children: 370
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † 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.