60 Cascade AVE Active Save Request In-Person Tour Request Virtual Tour
Alamosa,CO 81101
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $207
Subdivision Alamosa
MLS Listing ID 8142976
Bedrooms 6
Year Built 1915
Annual Tax Amount $1,163
Tax Year 2022
Lot Size 8,712 Sqft
Property Description
Calling all Investors! Own a piece of Alamosa's vibrant cultural scene with this completely updated 4-unit apartment building. This turnkey property boasts a robust rental history in a convenient location near Cole Park and Cattails Golf Course. Seller is offering a 20,000 Seller Concession for exterior or other improvements and 6-month property management included if under contract prior to 12/31/2024. Full concession is contingent upon the Buyer purchasing 60 & 62 Cascade Ave.
Upstairs there are 2-bedroom units and comfortable 1-bedroom apartments on the lower floor, all featuring a refresh. The kitchen has all the basic appliances and a dishwasher included for tenant convenience. No need to make trips to the laundromat, there is a washer and dryer in each apartment.
Bonus! Seller concession available for exterior improvements or interest rate buy down. Inquire for details.
Double The Opportunity! The adjacent property at 62 Cascade Ave, a single family 4 bedroom, 2 bath home, is also available. This presents a unique chance to capitalize on Alamosa's booming market with both the apartment building and the adjacent home.
Beyond the property, Alamosa offers a unique blend of small-town charm and outdoor adventure. Recently named USA Today's Reader's Choice Winner for Best Small Town Cultural Scene, the area boasts a thriving arts scene, exciting events, and a rich heritage. Investors will further appreciate Alamosa's growing popularity as a tourist destination, with easy access to Great Sand Dunes National Park and a variety of outdoor adventures.
Don't miss out on this income-generating gem! Schedule a showing today.
Location
State CO
County Alamosa
Interior
Heating Forced Air
Cooling None
Exterior
Fence Partial
Utilities Available Electricity Connected,Natural Gas Connected,Phone Available
Roof Type Architecural Shingle
Building
Story Two
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools Alamosa
Middle Schools Ortega
High Schools Alamosa
School District Alamosa Re-11J
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,Other,Owner Will Carry
Listing Terms 1031 Exchange,Cash,Conventional,Other,Owner Will Carry
Special Listing Condition None