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Home » Real Estate » CO » Alamosa » 81101 » 60 Cascade Ave, Alamosa, CO, 81101
$717,777

60 Cascade Ave, Alamosa, CO, 81101

6 Beds
4 Baths
3,490 Square Feet
Calling all Investors! Own a piece of Alamosa's vibrant cultural scene with this completely updated 4-unit apartment building. This turnkey property boasts a robust rental history in a convenient location near Cole Park and Cattails Golf Course. Seller is offering a 20,000 Seller Concession for exterior or other improvements and 6-month property management included if under contract prior to 12/31/2024. Full concession is contingent upon the Buyer purchasing 60 & 62 Cascade Ave. Upstairs there are 2-bedroom units and comfortable 1-bedroom apartments on the lower floor, all featuring a refresh. The kitchen has all the basic appliances and a dishwasher included for tenant convenience. No need to make trips to the laundromat, there is a washer and dryer in each apartment. Bonus! Seller concession available for exterior improvements or interest rate buy down. Inquire for details. Double The Opportunity! The adjacent property at 62 Cascade Ave, a single family 4 bedroom, 2 bath home, is also available. This presents a unique chance to capitalize on Alamosa's booming market with both the apartment building and the adjacent home. Beyond the property, Alamosa offers a unique blend of small-town charm and outdoor adventure. Recently named USA Today's Reader's Choice Winner for Best Small Town Cultural Scene, the area boasts a thriving arts scene, exciting events, and a rich heritage. Investors will further appreciate Alamosa's growing popularity as a tourist destination, with easy access to Great Sand Dunes National Park and a variety of outdoor adventures. Don't miss out on this income-generating gem! Schedule a showing today.
Offered By
Linette Nye Schmidt linette@exitsilverthread.com,719-588-1636, EXIT Silver Thread Realty

Property Details

Property Type Residential Income
Status Active
Bedrooms 6
Property Sub Type Income Property
Square Feet 3,490
MLS # 8142976

Market Trends

New Properties On Market
2
78% Decrease In New Listings
Average Asking Price
$96,450
$155,038 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$91
$29 Decrease In List Price/Sq. Ft.
Average Days On Market
1
10 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 11/15/2024 at 12:32 pm