610 N Orchard Avenue Unit A-D
Canon City, CO 81212
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 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 Feb 17, 2025
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MLS# 3949723 —
The Building
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Year Built:1977
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Siding:Brick
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Structure:Brick, Framed on Lot
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Foundation Details:Not Applicable
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Unit Number:A-D
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Unit Count:4
Interior
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Laundry Facilities:Electric Hook-up
Location
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Latitude:38.456469
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Longitude:-105.217031
The Property
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Property Type:Income
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Property Subtype:Fourplex
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Construction Status:Existing
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Lot Size:18257
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Lot Size Area:18257.00
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Lot Size Units:SqFt
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Acres Total:0.4191
Listing Agent
- Contact info:
- Agent phone:
- (719) 289-5616
- Office phone:
- (719) 792-1111
Taxes
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Tax Year:2023
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Tax Amount:$1,977.68
The Listing
Heating & Cooling
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Heating:Forced Air
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Cooling:Evaporative Cooling
Utilities
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Utilities:Electricity Connected, Natural Gas Connected
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Water:Municipal
Appliances
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Appliances:Dryer, Oven, Range, Refrigerator, Washer
Schools
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School District:Canon City RE-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 |
|---|---|---|---|---|
|
1/23/25
Jan 23, 2025
|
Listed / Active | PPMLS | $691,000 | |
|
11/11/22
Nov 11, 2022
|
Price Changed | IRES | ||
|
10/20/22
Oct 20, 2022
|
Price Changed | IRES |
