610 N Orchard Ave Unit A-D
Canon City, CO 81212
- 8 beds
- 4 baths
- 4,160 sqft
- ~1/2 acre lot
- $162 per sqft
- 1977 build
- – on site
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!
Last checked:
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Last updated Mar 17, 2025
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MLS# 4822661 —
This property is listed in more than one place. See it here.
The Building
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Unit Number:A-D
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Year Built:1977
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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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# of Units Total:4
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Building Area Total:4160
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Total SqFt:4160
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Roof:Composition
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Levels:One
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Stories:1
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Above Grade Finished Area:4160
Room Dimensions
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Living Area:4160
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Directions:In Canon City, at US Hwy 50 and N. Orchard Avenue, drive North on Orchard. The units are on the right (East): 610 N. Orchard Avenue
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Coordinates:-105.216995, 38.455997
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Latitude:38.455997
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Longitude:-105.216995
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Size Acres:0.42
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Lot Size SqFt:18257
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Lot Size Area:18257
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Lot Size Units:Square Feet
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Zoning:R3
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Exclusions:None
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Horse:false
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Water Source:City Water
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Waterfront:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:1978
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=vSf4tYqp6st&brand=0&mls=1&
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Evaporative Cooling
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Cooling:true
Utilities
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Utilities:Electricity Available
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Electric:Electric
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Sewer:City Sewer
Appliances
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Appliances:Refrigerator
Schools
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Elementary School:Harrison
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Middle Or Junior School:Harrison
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High School:Canon City
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High School District:Canon City RE-1
The Community
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Subdivision Name:Anderson
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Senior Community:false
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Spa:false
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Association:false
Parking
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Attached Garage:false
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Garage Type:None
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:1
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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3/17/25
Mar 17, 2025
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Price Changed | IRES | $676,000 | -0.7% |
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2/19/25
Feb 19, 2025
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Price Changed | IRES | $681,000 | -1.4% |
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1/23/25
Jan 23, 2025
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Listed / Active | IRES | $691,000 |
