Exceptional Investment Property! This triplex offers versatility to suit your needs, whether you're seeking a primary residence, income-generating rentals, or a mix of both! Unit "C" boasts an impressive 3,077 sq. ft. of living space, offered fully furnished, complete with a massive back deck with 731' perfect for enjoying stunning southern views while soaking up plenty of Vitamin D. It has 3 bedrooms and 2 bathroom, the kitchen and family room upstairs and a wonderful great room on the lower level. Everyone will enjoy the sunroom with wet bar and hot tub outside. Unit "A," a charming 1-bedroom, 1-bath space, could serve as a "mother-in-law" suite, or a long-term/short-term rental. With 610 sq. ft., it's the perfect private retreat. Unit "B" features 2 bedrooms and 1 bath, which could also be either a STR or long term. Very well established. This property has been fully remodeled and is in excellent condition, being very bright, open and inviting. Each unit includes its own kitchen, private living spaces, and laundry room for convenience. The large back deck is perfect for entertaining, while Unit "A" and Unit "B" enjoy private patios and courtyards for more intimate relaxation. Additional highlights include a 2-car attached garage, which can double as a game room, desirable radiant heated floors, granite countertops, walk in closets and very nice bathrooms in every unit. With Commercial Zoning and Board House C/O designation, this property allows up to 10 occupants and does not require a short-term rental permit. Generating a NOI of $85,075 in 2024, this property is truly "turn-key." Just 20 minutes from Monarch Ski Area, close to the Arkansas River for rafting and fishing, and a mere 10 minutes to downtown dining, shopping, and entertainment, this property is an investor's dream. Don't miss the opportunity to own this stunning and versatile mountain retreat! Call now for private showing. For further information pull up the 6 pg. brochure attached.
Offered By
Mary Kale mmkkale64@gmail.com,719-221-2879, Full Circle Real Estate Group
BasementFull, Partially Finished, Walk-Out Access, Built-In Radon, Radon Test Available
FINISHED BASEMENT SIZE2640.0
ARCHITECTURAL STYLEChalet
RoofFiberglass
EXTERIOR FEATURESGas Grill
FencePartial
Lot FeaturesWooded, Xeriscape
Garage spaces2
Other StructuresOutbuildings
ViewMountain(s), Foothills View, City
CITYSalida
SUBDIVISIONnone
COUNTYChaffee
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT3030.0
LATEST UPDATE2025-02-19T01:19:39.329Z
DAYS ON MARKET26
PRICE CHANGE(S)
$1,649,000 Jan 24, 2025
$1,595,000 Feb 19, 2025
CUMULATIVE DAYS ON MARKET26
Market Trends
New Properties On Market
19
27%
Increase In New Listings
Average Asking Price
$727,252
$146,074 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$347
$10 Decrease In List Price/Sq. Ft.
Average Days On Market
21
10 Day
Decrease In Days On Market
Data as of Feb 23, 2025.
Remaining statistics above are calculated on activity within the period from Dec 01, 2024 to Jan 31, 2025.
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