102 Palmer Poncha Springs, CO 81242
4 Beds
2 Baths
1,620 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,620 sqft
MLS Listing ID IRE6576983
Style Chalet
Bedrooms 4
HOA Y/N No
Year Built 1996
Annual Tax Amount $1,718
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Duplex
Source ires
Property Description
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
Area Out Of Area
Zoning T4 - GENERAL URBAN ZONE
Interior
Interior Features Eat-in Kitchen, Cathedral Ceiling(s)
Heating Forced Air
Appliance Dishwasher, Refrigerator
Exterior
Parking Features Off Street
Garage Spaces 4.0
Fence Partial
Utilities Available Electricity Available, Separate Meter Electricity, Separate Meter Gas
View Y/N Yes
View Mountain(s), Hills
Roof Type Composition
Porch Patio
Garage Yes
Building
Lot Description Level, Outbuildings, House Faces East
Sewer Public Sewer
Water City
Architectural Style Chalet
Level or Stories One
Structure Type Frame,Wood Siding
New Construction false
Schools
Elementary Schools Longfellow
Middle Schools Salida
High Schools Salida R-32-J
School District Salida R-32-J
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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