Colorado Mountain Realty

9955 County Road 120
Salida, CO 81201

Excellent multi-family investment opportunity. Commercially zoned, taxed residential. Commercial Zoning allows many potential uses inc Bed & Breakfast. There are NO Covenants, NO HOA. Could be further developed for commercial purposes. Flexible floor plan will appeal to investors looking for a turn-key income property that may be used as rental or Bed & Breakfast – with multiple private guest suites/bedrooms, while providing owner/operators with their own private space(s). Current owners use East Wing as their personal residence – 2 bedrooms, full bath, full kitchen with open dining/living area, 700 square foot upper-level private deck, attached 2-car garage. Lower walk-out level, has separate entrance, to large main suite with dual walk-ins, large bathroom with large 2-head shower room, laundry room, family room, kitchenette with a large open sun-room sitting area. West Wing has a private entrance to 600 square foot one-bedroom guest studio at street level with, full bath, 150 square foot upper-level private deck, kitchenette off open dining/living area. Current owners utilized one-bedroom guest studio as a successful Airbnb for a portion of 2021, averaging $2,000/month. Lower-level walk-out of West Wing has multiple private entrances to 750 square foot one-bedroom, full bathroom, with sun room, open living-dining-kitchen area, laundry room, private patio, small yard with garden. Ample parking. Across the road is CR 120 bike path which goes up to Poncha Springs and down to Arkansas River Boat Launch, one block west of historic downtown Salida. Extensive updates, including new flooring, paint, trim, interior & exterior doors, throughout. Also a dozen new window, two updated private decks, and three new patios – a brick paver patio & two cement patios. On a well and connected to public sewer system. Multiple hearing systems. 8×8 shed and 8×14 shed or enclosed chicken coop. This is a fantastic, one of a kind multi-generational residence and/or investment property!

Price
$875,000.00
Status
Active
Bedrooms
5.00
Bathrooms
4.00
Lot Size
21,780.00
Property Type
Residential Income
City
Salida
Street Address
9955 County Road 120
State
CO
Zip Code
81201
Listing Office
Colorado Mountain Realty
MLS Number
7755885

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