111 Fourth St, Silver Cliff, CO 81252
None · Custer County
Key Facts
Description
Discover the perfect investment in this charming mountain town duplex, ideally located in a vibrant, sought-after community. This well-maintained property features two separate 2 BEDROOM, 1 BATHROOM units, both currently leased. This provides immediate rental income and long-term appreciation potential.Each unit boasts spacious living areas designed for comfort and mountain living, with large windows that capture stunning natural views and abundant natural light. Each duplex offers practical layouts with fully equipped kitchens, in unit laundry facilities, cozy bedrooms, and bathroom, and sound-proofing divider walls; making them attractive to a wide range of tenants.Each unit has a detached storage shed and open front porch. The property's prime location provides easy access to outdoor recreation, walking path, local dining, shopping, and community amenities, enhancing its appeal and rental demand year-round. This turnkey investment is perfect for investors looking for steady cash flow and a foothold in a growing mountain town market.Don't miss this rare opportunity to own a solid income-generating property in a beautiful mountain setting.
Property Information
Property Type
Residential Income
Style
Duplex / 1 story above ground
Year Built
2002
Living Area
1,824 sq ft
Zoning
Residential
Days on Market
16
MLS® Listing#
2518046
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Patio
Lot Features
Construction
Roof
Windows
Utilities
Schools
- Elementary:
- Custer County
- Middle:
- Custer County
- High:
- Custer County
Financial Details
Annual Taxes
$857
Parcel Number
0010181495
Affordability Calculator
$79,600
Estimated monthly payment
$2,118/mo
Principal $318,400 · Est. interest $444,196 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Silver Cliff, CO
- $400,000
- Median Listing Price
- 91
- Median Days on Market
- 1,553
- Median Sq Ft
- $263
- Median Price / Sq Ft
- 42
- Active Listings
- This home’s price is 1% below the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Silver Cliff, CO.
Location
Map is currently unavailable for this location.
Points of Interest in Silver Cliff, CO
Showing the Silver Cliff area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 202 First st., Silver Cliff, CO | $315,000 | 3 | — | 1,152 |
| 430 Broadway St, Silver Cliff, CO | $329,000 | 4 | — | 3,093 |
| 615 Fourth St, Silver Cliff, CO | $379,900 | 3 | 2 | 1,290 |
| 615 Fourth St, Silver Cliff, CO | $379,900 | 3 | — | 1,290 |
| 615 Fourth Street, Silver Cliff, CO | $379,900 | 3 | 2 | 1,290 |
| 615 Fourth St, Silver Cliff, CO | $379,900 | 3 | 2 | 1,290 |
Moving Cost Estimate
EXIT Agents in Silver Cliff
Listing Courtesy: Westcliffe Home & Ranch, LLC - (719) 783-3343
100048267