Income Generating Property located in the heart of Colorado City. Short walking distance to stores. Can be rented out as 4 apartments (3 units with 2 bedrooms/1 bath, 4th unit with 1 bed/1 bath) OR Can be rented out as 3 apartments (2 units with 2 bedrooms/1 bath, 3rd unit with 3 bed/2 baths). All units have refrigerators and electric range. Units 2 & 4 have washer/dryer hookup. Units 1&4 utilities are connected, so unit 1 rent includes utilities Currently on propane, but natural gas is at the street. Roof is 3 to 4 years old. 2 Storage Buildings. Some units have new vinyl flooring. Room on this lot to build another unit, and owners are also selling contiguous vacant multihousing lot on which additional units could be built. The astute and savvy entrepreneur can purchase this and begin building his/her empire. Or you might take the simple approach - buy this, live in one unit, and have the rent from the other tenants pay your monthly mortgage. Either way, this is a great property to own.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
