103 Nickerson Ave, Poncha Springs, CO, 81242

Have you been looking to break into the area real estate market as an investor? This duplex successfully rents for $3,000 per month (total gross income). Seller is offering owner financing to qualified buyers at below market terms. The south unit (105) has been updated with LVT flooring, new cupboards and countertops, along with newer appliances. The north unit (103) is in its original condition, however, the tenants have been in place for 18 years and are hoping to stay put continuing their month-to-month lease (no searching for new tenants and no rush to update it!). Modular construction with each having in-unit laundry hookups. Re-roofed Fall of 2019. Conveniently located near a park, the Poncha Pub, groceries, and a hardware store. The neighborhood consists primarily of full time residents, giving folks the opportunity to get to know their neighbors. It offers the added bonus of being just minutes from Salida too! Each side of the duplex offers one level living, with 2 bedrooms, 1 bath, vaulted ceiling, and lots of natural light. Each unit comes with its own shed for bikes, tools, and storage totes. Situated on 2 original town lots, totaling 0.29 acres, creating a spacious backyard. No covenants, zoned T4 General Urban. Great opportunity for someone wanting to live in one side, while renting out the other side. Bring an offer!