BEDS4
BATHS3 full
SQUARE FEET2,607
MLS#2665539
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLSalida R-32
Listing Courtesy of:
Luxury Mountain Estates
Agency Contact: 303-842-9852
Property Description
Incredible rural living or investment property! Rare opportunity close to town, large lot, and no HOA. The property includes 4 acres, two homes, a 1,195 SF garage, and two sheds. The sale could also include 36 shares of Williams & Hamm Ditch Company water shares (negotiable and/or included with full price offer). The main home is a 1,935 SF manufactured home with a primary suite with a walk-in closet, two bedrooms with a jack-and jill bathroom, and another bedroom with an en suite bathroom perfect for a guest room or in-law suite! The home also features an open living and dining area adjacent to the open kitchen, and an additional living room. This 4-bed, 3-bath home allows for a variety of living or co-living situations! The home was recently painted (exterior) and the interior has had various updates throughout the past 6 years. The home features magnificent views, vaulted ceilings, an open floor plan, a makeup station, a wood burning fireplace and newer washer and dryer. Attached is a newer, very large, 1,195 SF garage with high ceilings that will not disappoint. Detached second home featuring 672 SF, 1 bedroom and 1 bathroom. This charming cottage features a full kitchen and is in newer, updated condition with T&G ceilings. Separately metered for electric and has no gas usage. Separate septic. The electrical panel is wired for a hot tub on the porch. Two sheds and a chicken coop. The acreage has historically been pasture land and is fully fenced with a gate. No HOA. Agent owner. Only 1 mile from the Heart of the Rockies Regional Medical Center. Most recent rent was $3,500/mo for the main home/garage plus $1,400/mo for the 2nd home. Market rent of $5,000/mo for pro-forma NOI of $53,975/year assuming $3,500/mo and $1,500/mo for residential tenants, actual taxes, insurance of $2,500/year and ditch fees of $600/year. +/- 6.0% cap rate with no consideration of the massive land upside or potential additional land rent/additional income. Easy to rent, great location.
Property Features
Property Type: Residential - Single Family
Cooling: Other
Fireplaces: 1
Garage: 4 car attached
Heating: Forced Air
Lot Size: 4.00 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,924
Year Built: 2001
Amenities
Ceiling Fan(s)
High Ceilings
Open Floorplan
Smoke Free
Walk-In Closet(s)
Private Yard
Rain Gutters
Feature Descriptions
Appliances: Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Washer
Baths 3/4: 1
Baths Full: 2
Baths Half: 0
Baths Total: 3
Days on Site: 12
Exclusions: None.
Exterior: Wood Siding
Fencing: Partial
Laundry: In Unit
Lot: Corner Lot
Parcel#: R368130300026
Parking: Circular Driveway, Gravel, Oversized
Parking Notes: Circular Driveway, Gravel, Oversized
Patio/Porch: Front Porch, Patio
Sewer: Septic Tank
Special View Info: Mountain(s)
Utilities: Electricity Connected, Propane
Water: Agriculture/Ditch Water, Well
Local Schools
High School: Salida
Middle School: Salida
Elementary School: Longfellow
School District: Salida R-32
Listed By / Shown By
Listed By
Agency Name: Luxury Mountain Estates
Agency Contact: 303-842-9852
Shown By
Agent Name: Tanner Gibson
Agent Phone: (719) 323-4505
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 4,881.94 per month $4,378.98 Principal & Interest $243.67 Property Tax $259.29 Homeowner's Insurance
7522 County Road 151 | MLS# 2665539
This single family home located at 7522 County Road 151, Salida, CO 81201 is currently listed for sale with an asking price of $889,000. This property was built in 2001 and has 4 bedrooms and 3 full baths with 2607 sq. ft. County Road 151 is located within the Salida R-32 school district. Search Salida real estate on tanner.thecuttingedgerealtors.com today.