317 E 4th Street #A, Salida, CO

Others for Sale - $1,600,000 - 5,596 Sq. Ft. on 0.11 acres


Agent Info

Martin Epp
CENTURY 21 Community First

Property Info

CIMLS#1178055
Location
  317 E 4th Street #A
  Salida CO 81201
UpdatedAugust 1st, 2025
TypeOthers
Price$1,600,000
Building5,596 Sq. Ft.
Land0.11 acres

Property Description

Here is a great rental property investment opportunity in downtown Salida! The Historic, brick, 6 plex on Fourth Street houses (4) studio apartments and (2) 2 bedroom apartments, all with 1 bath. The detached Bungalow on the alley has 3 bedrooms, with a bonus room, 1 bath, and an attached carport. Shared yard with a storage building in between the buildings. All units include range and refrigerator. The units vary in floor plan and degree of recent updates. South facing windows provide good natural lighting. Sellers pay gas, trash, and water, tenants pay electric. Nice, peaceful, residential neighborhood location only a block from Alpine Park and 3 blocks from Historic Downtown Salida. Rents have been reasonably maintained to accommodate many long term tenants. Income, Cap Rate, and status of occupied units may change by time of a purchase contract. These properties don't become available often in Salida. Make it yours today!


Financials


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