601 South 10 th Street, Canon City, CO 81212
Residential property for sale
- Description
- Remodeled units in this historic building! New sheet rock work in some of the units, all units have 2 bedrooms, nice living area, kitchen, bath and partial basement for utilities and extra storage. All have fenced back yards. In addition, there is a garage there that is HUGE. Rents should be $600-650 on the units and the garage could bring another $600. That would be gross income of $36,000 per year! Owner's current expenses per year are about $7,000. This should net over $28,000. That is a 14% ROI! Just across the street from the Riverwalk, this is a great opportunity! If the return on savings in the bank are disappointing, invest here and increase your return ten fold!
- Property Details
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Property Type: Multifamily Home Status: Available Price: $ 199,000 Building Size: 2,750 SF Year Built: 1923 Buildings: 1 Added: 01/25/2014 - Interior Features
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Bathrooms: 4 - Note
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