970.222.1020
 | 
Login Account
 | 
Sign Up
Home » Real Estate » CO » Canon City » 81212 » 610 N Orchard Ave, #A-D, Canon City, CO, 81212
$676,000

610 N Orchard Ave, #A-D, Canon City, CO, 81212

8 Beds
4 Baths
4,160 Square Feet
Discover this unique investment that combines multiple wealth-building strategies!! This centrally located four-plex property offers a powerhouse of potential: it is within an Opportunity Zone (OZ), has potential for house hacking, building passive income, and/or seeking tax advantages by deferring or eliminating capital gains taxes and/or reducing taxable appreciation. Utilize house hacking by living in one unit and rent the others. Let your tenants pay down your mortgage while you build equity. These 2BDR, 1BA units have a stellar rental history. Three of the 4 units had new furnaces installed in 2017, and a new class 4 shingled roof was installed in 2024. This property is very clean and has been very well-maintained. Since 2017, no pets have been in any of the units. These units are highly livable, each with 1040 s.f. and notably each has a nice-sized living room/dining room/kitchen combo and spacious bedrooms. Parking spots are in a dedicated paved parking lot. There is a large storage shed that the current owner uses to store maintenance tools and supplies. This property is located in an economic Opportunity Zone, which is designed to encourage development and as the area evolves, property values are projected to rise making this a win-win for cash flow and appreciation. Want to learn more about how to make this 4-plex your next investment? Reach out to learn more and come take a look today!
Offered By
Carla Braddy carla@cominghomerealtypros.com,719-792-1111, Real Broker, LLC DBA Real

Property Details

Property Type Residential Income
Status Active
Bedrooms 8
Property Sub Type Income Property
Square Feet 4,160
MLS # 4822661

Market Trends

New Properties On Market
18
260% Increase In New Listings
Average Asking Price
$369,309
$94,491 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$179
$29 Decrease In List Price/Sq. Ft.
Average Days On Market
3
29 Day Decrease In Days On Market
Data as of Apr 03, 2025. Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.
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. © 2025 IRES. Property data was last updated on 3/18/2025 at 12:29 am