$717,777
For Sale

60 Cascade Avenue

Alamosa, CO 81101
3490 sqft | 6 beds | 0.20 acres | #8142976
Listing OfficeEXIT Silver Thread Realty
Browse 33 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Calling all Investors! Own a piece of Alamosa's vibrant cultural scene with this completely updated 4-unit apartment building. This turnkey property boasts a robust rental history in a convenient location near Cole Park and Cattails Golf Course. Seller is offering a 20,000 Seller Concession for exterior or other improvements and 6-month property management included if under contract prior to 12/31/2024. Full concession is contingent upon the Buyer purchasing 60 & 62 Cascade Ave.
Upstairs there are 2-bedroom units and comfortable 1-bedroom apartments on the lower floor, all featuring a refresh. The kitchen has all the basic appliances and a dishwasher included for tenant convenience. No need to make trips to the laundromat, there is a washer and dryer in each apartment.
Bonus! Seller concession available for exterior improvements or interest rate buy down. Inquire for details.
Double The Opportunity! The adjacent property at 62 Cascade Ave, a single family 4 bedroom, 2 bath home, is also available. This presents a unique chance to capitalize on Alamosa's booming market with both the apartment building and the adjacent home.
Beyond the property, Alamosa offers a unique blend of small-town charm and outdoor adventure. Recently named USA Today's Reader's Choice Winner for Best Small Town Cultural Scene, the area boasts a thriving arts scene, exciting events, and a rich heritage. Investors will further appreciate Alamosa's growing popularity as a tourist destination, with easy access to Great Sand Dunes National Park and a variety of outdoor adventures.
Don't miss out on this income-generating gem! Schedule a showing today.

  • Interior Details
      • Bedrooms6
  • Property Details
      • Square Feet3490
      • Acres0.2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1915
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Phone Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionAlamosa
    • Location
      • School DistrictAlamosa RE-11J
      • Elementary SchoolAlamosa
      • High SchoolAlamosa
      • CountyAlamosa
      • Middle SchoolOrtega
  • Financial Details
      • Original List Price$725,000
      • Taxes Annual$1,163
  • Other
      • MLS #8142976

Location

Julie McCollam | Sellstate Altitude RealtyReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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