317 E 4th Street A, Salida, CO 81201
Chaffee County
Key Facts
Description
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!
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Style
Bungalow / Traditional
Year Built
1920
Stories
2
Living Area
5,596 sq ft
Lot Size
0.11 acres
Parking Spaces
2
Zoning
R4
Days on Market
496
MLS® Listing#
6954970
Property Features
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$2,812
Tax year 2023
Parcel Number
R380705157172
Directions
4th Street just east of D Street.
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salida, CO
- $780,000
- Median Listing Price
- 93
- Median Days on Market
- 1,786
- Median Sq Ft
- $493
- Median Price / Sq Ft
- 276
- Active Listings
- This home’s price is 92% above the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salida, CO.
Location
Points of Interest in Salida, CO
Showing the Salida area map.
Nearby Schools
St Joseph School
School · 0.0 mi away
Salida School District R-32-J
School · 0.4 mi away
Salida Middle School
Secondary · 0.4 mi away
Longfellow Elementary School
Elementary · 0.5 mi away
Salida School District
School · 0.5 mi away
Salida High School
Secondary · 0.5 mi away
Salida School District
School · 0.6 mi away
Salida Montessori Charter School
Elementary · 0.6 mi away
Children's Discovery Ranch
School · 3.0 mi away
Cotopaxi School
Secondary · 19.6 mi away
McGinnis Middle School
Elementary · 22.3 mi away
Buena Vista High School
Secondary · 22.3 mi away
Chaffee County High School
Secondary · 22.7 mi away
Avery/Parsons Elementary School
Elementary · 22.7 mi away
Little Apes Early Childhood Program
School · 22.7 mi away
Buena Vista School District
School · 22.8 mi away
The Link School
School · 27.0 mi away
Guffey Community Charter School
Elementary · 29.5 mi away
Mountain Valley School
School · 31.9 mi away
Moffat Prek-12 School
Elementary · 37.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 417 Palmer, Salida, CO | $1,050,000 | 4 | 3 | 2,074 |
| 417 Palmer, Salida, CO | $1,050,000 | 4 | 3 | 2,074 |
| 920 Crestone Ave, Salida, CO | $1,065,000 | 3 | 3 | 2,033 |
| 920 Crestone Avenue, Salida, CO | $1,065,000 | 3 | 3 | 2,033 |
| 12077 US Highway 285, Salida, CO | $1,095,000 | 3 | 3 | 3,208 |
| 1148 F St, Salida, CO | $1,095,000 | 2 | 2 | 1,810 |
Moving Cost Estimate
EXIT Agents in Salida
Listing Courtesy: Century 21 Community First - epp@firstcolorado.com,719-221-1642
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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