CO > Canon City
Canon City, CO 81212,610 N Orchard AVE #A-D
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Canon City, CO 81212,610 N Orchard AVE #A-D,Video Tour
Canon City, CO 81212,610 N Orchard AVE #A-D
Canon City, CO 81212,610 N Orchard AVE #A-D
Canon City, CO 81212,610 N Orchard AVE #A-D
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Sarah McGarry

Sarah McGarry

+1(719) 201-8352
$ 691,000
Est. payment /mo
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610 N Orchard AVE #A-D Canon City, CO 81212

0.42 Acres Lot

UPDATED:

01/23/2025 03:19 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3949723

HOA Y/N No

Year Built 1977

Annual Tax Amount $1,977

Tax Year 2023

Lot Size 0.419 Acres

Property Description

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!

Location

State CO

County Fremont

Area Anderson

Interior

Cooling Evaporative Cooling

Fireplaces Number 1

Fireplaces Type None

Laundry Electric Hook-up

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

Foundation Not Applicable

Water Municipal

Structure Type Brick,Framed on Lot

Schools

School District Canon City Re-1

Others

Special Listing Condition Established Rental History, See Show/Agent Remarks

Unit 1

Sqft 1040

Beds 2

Baths 1

Rent Price 1000

Occupied Y

Furnished N

Unit 4

Sqft 1040

Beds 2

Baths 1

Rent Price 1060

Occupied Y

Furnished N

Unit 3

Sqft 1040

Beds 2

Baths 1

Occupied N

Furnished N

Unit 2

Sqft 1040

Beds 2

Baths 1

Rent Price 1150

Occupied Y

Furnished N

Pikes Peak MLS (PPAR)
Listed by Coming Home Realty
agent

Sarah McGarry

Agent | License ID: 100065037

+1(719) 201-8352

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610 N Orchard AVE #A-D