103 Nickerson Ave
Poncha Springs, CO 81242
- 4 beds
- 2 baths
- 1,620 sqft
- 12,632 sqft lot
- $324 per sqft
- 1996 build
- – on site
Have you been looking to break into the area real estate market as an investor? This duplex successfully rents for $3,000 per month (total gross income). Seller is offering owner financing to qualified buyers at below market terms. The south unit (105) has been updated with LVT flooring, new cupboards and countertops, along with newer appliances. The north unit (103) is in its original condition, however, the tenants have been in place for 18 years and are hoping to stay put continuing their month-to-month lease (no searching for new tenants and no rush to update it!). Modular construction with each having in-unit laundry hookups. Re-roofed Fall of 2019. Conveniently located near a park, the Poncha Pub, groceries, and a hardware store. The neighborhood consists primarily of full time residents, giving folks the opportunity to get to know their neighbors. It offers the added bonus of being just minutes from Salida too! Each side of the duplex offers one level living, with 2 bedrooms, 1 bath, vaulted ceiling, and lots of natural light. Each unit comes with its own shed for bikes, tools, and storage totes. Situated on 2 original town lots, totaling 0.29 acres, creating a spacious backyard. No covenants, zoned T4 General Urban. Great opportunity for someone wanting to live in one side, while renting out the other side. Bring an offer!
Last checked:
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Last updated Mar 15, 2025
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MLS# 6465950 —
The Building
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Year Built:1996
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Ranch
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Structure Type:Duplex
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# of Units Total:2
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Building Area Total:1620
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Total SqFt:1620
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Roof:Fiberglass
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Basement:Crawl Space
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Levels:One
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Direction Faces:West
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Stories:1
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Patio And Porch Features:Patio
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Accessibility Features:Level Lot
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Above Grade Finished Area:1620
Interior
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Interior Features:Eat-in Kitchen
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:1620
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Tenant Pays:Gas
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Listing Terms:Cash
Location
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Directions:From the main stoplight at the intersection of US Hwy 50 and US Hwy 285, proceed west 2 blocks on West Poncha Avenue. Turn right/north onto Nickerson Avenue. Duplex will be second property on your right.
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Coordinates:-106.07888, 38.515072
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Latitude:38.515072
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Longitude:-106.07888
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Property Condition:Fixer
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Lot Features:Gutters
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Lot Size Acres:0.29
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Lot Size SqFt:12632
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Lot Size Area:12632
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Lot Size Units:Square Feet
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Zoning:T4 General Urban
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View:Mountain(s)
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Exclusions:Tenant's personal property, tenant's washer and dryer.
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Horse:false
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Other Structures:Outbuildings
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Water Source:City Water
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Waterfront:false
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Road Surface Type:Gravel
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:1456
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
The Listing
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Virtual Tour URL Unbranded:https://listings.mediamaxphotography.com/103-105-Nickerson-Ave
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas
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Electric:Electric
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Sewer:City Sewer
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Longfellow
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Middle Or Junior School:Salida
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High School:Salida
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High School District:Salida R-32
The Community
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Subdivision Name:n/a
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Senior Community:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Type:Off Street
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Garage Spaces:6
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Covered Spaces:6
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:1
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Bedrooms Unit 2:2
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Total Baths Unit 2:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/15/25
Mar 15, 2025
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Price Changed | IRES | $525,000 | -1.9% |
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2/6/25
Feb 6, 2025
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Listed / Active | IRES | $535,000 |
