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Rena Jackson

rena@realestateconcierge.net +1(469) 865-0242

$ 289,000

Est. payment -/mo

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601 & 603 Virginia Ave La Veta, CO 81055

4 Beds

2 Baths

1,584 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $182

Subdivision La Veta

MLS Listing ID 241864

Style Other

Bedrooms 4

Full Baths 2

Year Built 1972

Annual Tax Amount $1,105

Lot Size 10,018 Sqft

Property Sub-Type Single Family Residence

Property Description

Investment Opportunity in the charming town of La Veta! Just a short walk from charming downtown La Veta, this versatile duplex offers income potential, flexibility, and small-town Colorado living. Each unit features 2 bedrooms, 1 bath, and approximately 782 sq. ft., making it ideal as a full investment property, multi-generational home, or primary residence with rental income to help offset your mortgage. Both units are currently rented at $850 and $875/month, with one becoming available September 1. Current NOI is approximately $15,364 with a 5.3% cap rate before vacancy, based on current rents. Separate utilities keep ownership simple, with tenants responsible for all utilities except water. With established rental history, low carrying costs, multiple use options, and a location within walking distance of downtown, this La Veta duplex is an opportunity you won't want to miss!

Location

State CO

County Huerfano

Area Outlying

Zoning R

Rooms

Kitchen Laminate

Interior

Heating Baseboard, Hot Water

Cooling None

Fireplaces Type None

Fireplace No

Appliance Washer, Dryer

Laundry Kitchen

Exterior

Parking Features No Garage

Fence Wood Fence-Rear

View Y/N Yes

View Mountain(s)

Roof Type Composition

Garage No

Private Pool No

Building

Sewer Public Sewer

Water Public

Schools

School District Re-2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://tour.usamls.net/601-603-Virginia-Ave-La-Veta-CO-81055/unbranded

Listed by Amanda Salas Code of the West Real Estate LLC

Rena Jackson

Broker Associate | License ID: 100102607

+1(469) 865-0242

Rena Jackson

601 & 603 Virginia Ave La Veta, CO 81055

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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601 & 603 Virginia Ave