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Dave Fish

[email protected] +1(303) 818-3413

$ 869,000

Est. payment -/mo

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7522 County Road 151 Salida, CO 81201

4 Beds

3 Baths

2,607 SqFt

UPDATED:

Key Details

Property Type Manufactured Home

Sub Type Manufactured On Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,607 sqft

MLS Listing ID IRE2665539

Bedrooms 4

Full Baths 2

Three Quarter Bath 1

HOA Y/N No

Year Built 2001

Annual Tax Amount $2,924

Tax Year 2025

Lot Size 4.000 Acres

Acres 4.0

Property Sub-Type Manufactured On Land

Source ires

Property 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.

Location

State CO

County Chaffee

Area Out Of Area

Zoning MUR (Mixed-Use Rural)

Interior

Interior Features Open Floorplan, Walk-In Closet(s)

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type One

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Exterior Feature Oversized Garage

Parking Features Attached

Garage Spaces 4.0

Fence Partial

Utilities Available Electricity Available, Propane

View Y/N Yes

View Mountain(s)

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Corner Lot, Outbuildings, Gutters

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Wood Siding

New Construction false

Schools

Elementary Schools Longfellow

Middle Schools Salida

High Schools Salida R-32-J

School District Salida R-32-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)

Listed by Cody Gale

NEARBY SCHOOLS & PROPERTIES

Dave Fish

+1(303) 818-3413

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Boulder, CO

Dave Fish

7522 County Road 151 Salida, CO 81201

Key Details

Location

Interior

Exterior

Building

Schools

Others

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7522 County Road 151

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