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Size: 0.16 Acres
Type: House
Home: 5 beds - 2 full baths - 1,950 Sq Ft

Crestone Duplex Investment Opportunity

Awesome investment opportunity in the heart of Crestone. Cap rate of almost 10%! Duplex, separated by connecting doors, with a 3br/1ba apartment and a 2bd/1ba apartment. The 2 bedroom has a newer on-demand water heater. Both units have hardwood floors, tile in the bathrooms, dishwashers, ETS heaters, wooden decks, double pane windows and updated electrical. A short walk to Crestone's growing commercial district with restaurants, a brewpub, a natural grocer and other fun shops. Only 1.5 blocks from the K-12 charter school. Amazing views of the Sangre de Cristo mountains. 1 gigabit fiber optic internet available. This community is in need of long-term rentals. This is a turn-key passive income generator. Or live in one unit and rent the other to help pay your mortgage. Adjacent lots for sale (MLS #7667753 + #8859118). Purchase together for a discounted price. No POA or restrictive covenant...

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Source:First Street
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Western Mountain Real Estate

Colorado Springs, CO

(970) 367-1082

Provided By

Western Mountain Real Estate, (970) 367-1082
Source: MLS# 2616054
Listing last updated: February 5, 2022 at 5:25 PM
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