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7522 county road 151 salida, CO 81201

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$889,000

Beds: 4
Baths: 3
Fin SqFt: 2607
MLS Number:
2665539

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Est. $5,109 / month

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Description:
Incredible rural living or investment property! Rare opportunity close to town, large lot, and no HOA. The property includes 4 acres, two homes, a 1,195 SF garage, and two sheds. The sale could also include 36 shares of Williams & Hamm Ditch Company water shares (negotiable and/or included with full price offer). The main home is a 1,935 SF manufactured home with a primary suite with a walk-in closet, two bedrooms with a jack-and jill bathroom, and another bedroom with an en suite bathroom perfect for a guest room or in-law suite! The home also features an open living and dining area adjacent to the open kitchen, and an additional living room. This 4-bed, 3-bath home allows for a variety of living or co-living situations! The home was recently painted (exterior) and the interior has had various updates throughout the past 6 years. The home features magnificent views, vaulted ceilings, an open floor plan, a makeup station, a wood burning fireplace and newer washer and dryer. Attached is a newer, very large, 1,195 SF garage with high ceilings that will not disappoint. Detached second home featuring 672 SF, 1 bedroom and 1 bathroom. This charming 'cottage' features a full kitchen and is in newer, updated condition with T&G ceilings. Separately metered for electric and has no gas usage. Separate septic. The electrical panel is wired for a hot tub on the porch. Two sheds and a chicken coop. The acreage has historically been pasture land and is fully fenced with a gate. No HOA. Agent owner. Only 1 mile from the Heart of the Rockies Regional Medical Center. Most recent rent was $3,500/mo for the main home/garage plus $1,400/mo for the 2nd home. Market rent of $5,000/mo for pro-forma NOI of $53,975/year assuming $3,500/mo and $1,500/mo for residential tenants, actual taxes, insurance of $2,500/year and ditch fees of $600/year. +/- 6.0% cap rate with no consideration of the massive land upside or potential additional land rent/additional income. Easy to rent, great location.

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Listing Office:
luxury mountain estates

Interior Features:

Ceiling Fan(s)
High Ceilings
Open Floorplan
Smoke Free
Walk-In Closet(s)

Exterior Features:

Private Yard
Rain Gutters

Site Features:

Corner Lot

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The Brian Petrelli Team is your None, salida home specialist.

Our team of local salida experts have over 200 years of combined expertise in the Colorado Real Estate market. Give us a call today to put our knowledge and experience to work for you as you buy or sell your next None home.

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Want to see more properties in None , salida or the surrounding areas? Email us for a full list at properties@petrelliteam.com.

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Call us today and find out why we're leaders for Houses in salida, Colorado and the most most qualified REALTORS in None. We can show you any available home in salida, Colorado and provide you with the expertise and knowledge to make sure you get the best value for your money. In addition, we have access to $0 down mortgage programs to make financing easier. What are you waiting for? Call us today!
303-726-1874

The content relating to real estate for sale in this web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than The Brian Petrelli Team are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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