About 317 E 4th Street A
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!
Features of 317 E 4th Street A
| MLS® # | 6954970 |
|---|---|
| Price | $1,600,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,596 |
| Acres | 0.11 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Style | Bungalow, Traditional |
| Status | Active |
Community Information
| Address | 317 E 4th Street A |
|---|---|
| City | Salida |
| County | Chaffee |
| State | CO |
| Zip Code | 81201 |
Amenities
| Utilities | Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected, Sewer Connected |
|---|---|
| Parking Spaces | 2 |
| Parking | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Membrane, Metal |
|---|
Additional Information
| Date Listed | February 20th, 2025 |
|---|---|
| Zoning | R4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | First Colorado Land Office, Inc. |
|---|