521 Walsen Avenue

    Walsenburg, CO 81089
    • $560,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 8869274
    $560,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:
    Area:

    School Ratings & Info

    School District:
    Listing provided courtesy of National Investor Realty.

    Description

    The Villagio is a 22-unit consisting of 5 efficiency units, 6 studios, 10 one-bedroom units and 1 two-bedroom unit.The property is currently master-leased month-to-month to Colorado Caring, a non-profit primarily serving low-income senior citizens.New owner has the option of re-signing this lease for a completely 'hands-off' investment as Colorado Caring is handling management, tenant placement etc. Or, income could be increased with more aggressive management by a more hands-on owner. Low vacancy rate due to high demand. Square footage in public records is listed incorrectly at 1,632 sf plus 1,632 sf basement. It appears, this square footage only applies to the 4-unit building with frontage on Walsen Ave. Square footage listed here is based on seller's best estimate, and is subject to verification by potential buyer.Information deemed reliable, but not guaranteed.

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    The Treasure Davis Team- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2018-12-15T23:40:56.687.
    www.treasuredavis.com/homes/89590430

    521 Walsen Avenue Walsenburg, CO 81089

    • Price: $560,000
    • Status: Active
    • ID#: 8869274
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    1918
    Built
    Neighborhood:
    Other Counties
    County:
    Other
    Area:
    Other
    School District:
    Other
    Property Description
    The Villagio is a 22-unit consisting of 5 efficiency units, 6 studios, 10 one-bedroom units and 1 two-bedroom unit.The property is currently master-leased month-to-month to Colorado Caring, a non-profit primarily serving low-income senior citizens.New owner has the option of re-signing this lease for a completely 'hands-off' investment as Colorado Caring is handling management, tenant placement etc. Or, income could be increased with more aggressive management by a more hands-on owner. Low vacancy rate due to high demand. Square footage in public records is listed incorrectly at 1,632 sf plus 1,632 sf basement. It appears, this square footage only applies to the 4-unit building with frontage on Walsen Ave. Square footage listed here is based on seller's best estimate, and is subject to verification by potential buyer.Information deemed reliable, but not guaranteed.
    Exterior Features

    Fence None Lot Size 22500.0000 Lot Size Units Sqft Parking Spaces Number Of 22 Roof Composite Shingle Siding Stucco Structure Framed On Lot

    Interior Features

    Appliances Microwave OvenRange OvenRefrigerator Fireplace Description None Heat Air Hot WaterSolar Active Laundry Facilities Common

    Property Features

    Earnest Money 10000 Income Property Sub Type Aptmts(6+Units) Notices Established Rental History Tax Amount 3050.00 Tax Year 2017 Unit Count 0 Utilities CableElectricityNatural GasSolar Water Municipal Wells Number 0

    The Treasure Davis Team- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2018-12-15T23:40:56.687.
     
    The Treasure Davis Team
    5155 North Academy Blvd.
    Colorado Springs CO, 80918
    Listing provided courtesy of National Investor Realty.