102 & 104 Palmer AVE, Poncha Springs, CO 81242
102 & 104 Palmer AVE, Poncha Springs, CO 81242
102 & 104 Palmer AVE, Poncha Springs, CO 81242
102 & 104 Palmer AVE, Poncha Springs, CO 81242
102 & 104 Palmer AVE, Poncha Springs, CO 81242
102 & 104 Palmer AVE, Poncha Springs, CO 81242
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 625,000
Est. payment | /mo

4 Beds

2 Baths

1,620 SqFt


Save
$ 625,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,620 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $385

MLS Listing ID 6576983

Style Mountain Contemporary

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,620

Year Built 1996

Annual Tax Amount $1,718

Tax Year 2025

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Duplex

Source recolorado

Property Description

Investment opportunity in the heart of Poncha Springs with strong rental history and mountain views. Situated on a spacious 0.29 acre lot, this duplex offers two well maintained 2 bedroom, 1 bathroom units, each providing approximately 810 square feet of living space. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility and income potential.

Both units are currently occupied and generate $1,400 per month each, with leases in place through July 2026. Current tenants have expressed interest in remaining, creating the opportunity for immediate and continued rental income. Owner currently pays water and sewer while tenants are responsible for their own utilities.

The property enjoys beautiful mountain views and sits on an oversized lot offering ample space for parking, outdoor living, gardening, or future improvements. Conveniently located in Poncha Springs just minutes from downtown Salida, residents enjoy easy access to parks, shopping, restaurants, schools, and year round recreation. The combination of location, flexibility, and outdoor lifestyle continues to make this area highly desirable for both renters and homeowners.

With stable occupancy, established rental income, and the versatility to serve as either an investment property or owner occupied residence, this is an opportunity worth exploring.

Location

State CO

County Chaffee

Zoning T4 - GENERAL URBAN ZONE

Interior

Interior Features Eat-in Kitchen, High Ceilings, Vaulted Ceiling(s)

Heating Forced Air

Cooling None

Flooring Carpet, Laminate

Fireplace N

Appliance Dishwasher, Range, Refrigerator

Laundry Laundry Closet

Exterior

Exterior Feature Private Yard

Parking Features Unpaved, Gravel

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected

View Mountain(s), Valley

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Level, Near Ski Area

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Wood Siding

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida

School District Salida R-32

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Century 21 Community First

Nearby Locations

GET MORE INFORMATION

Brett Kotal
Brett Kotal

Advisor | Lic# FA100084202

+1(303) 717-5633

8000 E. Belleview Ave # 200, Village, CO

Name
Phone*
Message

Go tour this home

102 & 104 Palmer AVE