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610 N Orchard Avenue A-d, Canon City, CO – $676,000

  • 8 Beds
  • 4 Baths
  • 4,160 Sqft
  • .42 Acres
  • 8 Beds
  • 4 Baths
  • 4,160 Sqft
  • .42 Acres

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610 N Orchard Avenue A-d

Discover this unique investment that combines multiple wealth-building strategies!! This centrally located four-plex property offers a powerhouse of potential: it is within an Opportunity Zone (OZ), has potential for house hacking, building passive income, and/or seeking tax advantages by deferring or eliminating capital gains taxes and/or reducing taxable appreciation. Utilize house hacking by living in one unit and rent the others. Let your tenants pay down your mortgage while you build equity. These 2BDR, 1BA units have a stellar rental history. Three of the 4 units had new furnaces installed in 2017, and a new class 4 shingled roof was installed in 2024. This property is very clean and has been very well-maintained. Since 2017, no pets have been in any of the units. These units are highly livable, each with 1040 s.f. and notably each has a nice-sized living room/dining room/kitchen combo and spacious bedrooms. Parking spots are in a dedicated paved parking lot. There is a large storage shed that the current owner uses to store maintenance tools and supplies. This property is located in an economic Opportunity Zone, which is designed to encourage development and as the area evolves, property values are projected to rise making this a win-win for cash flow and appreciation. Want to learn more about how to make this 4-plex your next investment? Reach out to learn more and come take a look today!

Listing Office: Real Broker, LLC DBA Real

Essential Information

  • MLS® #4822661
  • Price$676,000
  • Bedrooms8
  • Bathrooms4.00
  • Square Footage4,160
  • Acres0.42
  • Year Built1977
  • TypeResidential Income
  • Sub-TypeQuadplex
  • StatusActive

Community Information

  • Address610 N Orchard Avenue A-d
  • SubdivisionAnderson
  • CityCanon City
  • CountyFremont
  • StateCO
  • Zip Code81212

Amenities

Utilities

Electricity Connected, Natural Gas Connected

Interior

  • HeatingForced Air
  • CoolingEvaporative Cooling
  • StoriesOne

Appliances

Dryer, Oven, Range, Refrigerator, Washer

Exterior

  • RoofComposition

School Information

  • DistrictCanon City RE-1
  • ElementaryHarrison
  • MiddleHarrison
  • HighCanon City

Additional Information

  • Date ListedJanuary 23rd, 2025
  • ZoningR3

Listing Details

  • Real Broker, LLC DBA Real

Office Contact

carla@cominghomerealtypros.com,719-792-1111

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Listing information last updated on April 3rd, 2025 at 8:34pm MDT.