1512 Elm Ave, Canon City, CO 81212
FOR SALE1.4 ACRES

1512 Elm Ave
Canon City, CO 81212

Lincoln Park
  • 10 Beds
  • 5 Baths
  • 3,937 sqft (on 1.40 acres)
  • 10 Beds
  • 5 Baths
  • 3,937 sqft (on 1.40 acres)

$470,000

Original price: $550,000
Est. Mortgage $2,719/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Attention, investors! This offering boasts 4 Single Family Homes situated on an expansive 1.4-acre lot in Lincoln Park! The property includes three brand-new septic tanks, two storage sheds, and features one home that is wheelchair accessible. All four houses have recently received brand-new roofs, ensuring durability and longevity.Currently, the properties operate on a month-to-month lease basis, providing flexibility for the new owner. Whether you choose to maintain the existing layout or embark on a remodeling venture, the potential for this property is vast. It presents an excellent opportunity for seasoned investors and those looking to make a strategic entry into the rental market. Don't miss the chance to capitalize on the potential of this income property. Schedule your viewing today and envision the possibilities that await on this expansive 1.4-acre parcel with four single-family homes!

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$119
Listed
134 days ago

Home Details for 1512 Elm Ave

Interior Features

Interior Details
Number of Rooms: 18
Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 5
Dimensions and Layout
Living Area: 3937 Square Feet
Appliances & Utilities
Appliances: Water Heater
Heating & Cooling
Heating: Forced Air Gas,# Furnaces: 4Has CoolingAir Conditioning: Refrigerated AirHas HeatingHeating Fuel: Forced Air Gas

Exterior Features

Parking & Garage
Parking: Dirt,RV Access/Parking
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 134

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Other-See Remarks
Building
Construction Materials: Frame
Property Information
Parcel Number: 99104461

Price & Status

Price
List Price: $470,000Price Per Sqft: $119

Active Status

MLS Status: Active

Media

See Virtual Tour: tour.usamls.net/1512-Elm-Avenue-Canon-City-CO-81212/unbranded

Location

Direction & Address
City: Canon CityCommunity: Lucas Sub
School Information
Elementary School: Mckinley

Agent Information

Listing Agent
Listing ID: 70031

Building

Building Area
Building Area: 3937 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.4 Acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Transaction Broker Commission: 2.5Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Trash Collection, Water, Cable TV, Gas

Rental

Owner Pays: Insurance, Maintenance

Miscellaneous

Mls Number: 70031
Last check for updates: about 24 hours ago
Listing courtesy of Tanya Marushack
Homesmart Preferred Realty
Kayla Brady
Homesmart Preferred Realty
Source: Royal Gorge AOR, MLS#70031

Price History for 1512 Elm Ave

DatePriceEventSource
02/16/2024$470,000PriceChange
Royal Gorge AOR #70031
12/15/2023$550,000PendingToActiveRoyal Gorge AOR #70031
05/10/2023$550,000ContingentPAR #210064
03/18/2023$550,000PriceChange
PAR #210064
03/10/2023$590,000PriceChange
Royal Gorge AOR #68097
01/11/2023$600,000Listed For SaleRoyal Gorge AOR #68097
12/28/2022ListingRemovedPikes Peak MLS #5491012
11/17/2022$650,000PriceChange
Pikes Peak MLS #5491012
09/26/2022$705,000PriceChange
Pikes Peak MLS #5491012
08/16/2022$725,000Listed For SalePikes Peak MLS #5491012
02/26/2007$180,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$1,888
Assessment$323,716
Home facts updated by county records

Comparable Sales for 1512 Elm Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.65
Multi-Family Home
$335,000
05/19/23
4
4
2,800
1.95
Multi-Family Home
$340,000
12/20/23
4
2
1,778
2.58
Multi-Family Home
$515,000
12/29/23
8
4
3,250
1.26
Multi-Family Home
$522,500
09/27/23
-
-

LGBTQ Local Legal Protections

Tanya Marushack, Homesmart Preferred Realty
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1512 Elm Ave, Canon City, CO 81212 is a 10 bedroom, 5 bathroom, 3,937 sqft multi-family built in 1940. 1512 Elm Ave is located in Lincoln Park, Canon City. This property is currently available for sale and was listed by Royal Gorge AOR on Dec 15, 2023. The MLS # for this home is MLS# 70031.