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102 Palmer Avenue

Poncha Springs CO 81242

4
2
4
1620 sq. ft.
0.29 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
4 carspaces
4 garage spaces
1620 sq. ft. floor area
0.29 ac. lot size
Duplex

Property history for 102 Palmer Avenue

2022
Sold
$485,000
30 Jun 2022 by Nancy Hollen, of Century 21 Community First
2021
Sold
$450,000
26 Aug 2021 by Jeff Post, of Century 21 Community First

Happy sellers in Poncha Springs

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We have insufficient information to provide an overview of customer satisfaction for Poncha Springs. Viewing the agent profiles, reviews and sales for Poncha Springs can provide insights for this location.

Local market activity for 4 bedroom duplexes in Poncha Springs

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