197 True Avenue, Poncha Springs, CO 81242

$889,000
6
BD
6
BA
2,808
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Pinon Real Estate Group LLC . slowe@PinonRealEstate.com

List Price
$889,000
Type
Multifamily
Property Sub Type
Single Family Residence
Status
ACTIVE
MLS Number
6643166
Architectural Style
Contemporary
Structural Style
Contemporary
Bedrooms
6
Bathrooms
6
Baths Half
2
Sqft Total
2,808
Neighborhood
none
Year Built
2023

Property Description

Exceptional investment opportunity with this well-maintained duplex offering two attached units being sold together. With a total of 2,808 square feet (1,404 square feet per unit), this property provides immediate rental income, with each unit currently generating $2,200 per month. Each unit features an identical floor plan (mirror image layout) designed for comfortable everyday living. The main level offers an open-concept kitchen, dining, and living area with durable concrete floors, efficient in-floor radiant heat, a convenient half bath, laundry area, quartz countertops, and an attached one-car garage. Enjoy outdoor living from the covered front porch, perfect for relaxing year-round. Upstairs, each unit includes three bedrooms, including a spacious primary suite complete with a private bath and its own balcony. Two additional bedrooms and a full guest bath provide ample space for family, guests, or a home office. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility, strong income potential, and a desirable layout. An excellent opportunity for investors and owner-occupants alike.

Additional Information

Lot Size Acres
0.11
Lot Size Sq Ft
4,791
Tax Amount
$2,222
Tax Year
2025
Exterior Features
Balcony
Sewer
Public Sewer
Flooring
Carpet, Concrete
Heating
Baseboard, Radiant
Cooling
None
School District
Salida R-32
Elementary School
Longfellow
Middle Or Junior School
Salida
High School
Salida
Parking Total Searchable
1
Parking Features
Unpaved

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


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 Espi Agency, L.L.C. 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. IDX Terms and Conditions