Bob Lario
This listing was posted on ListingsMagic.
$525,000
322 Grand Avenue Paonia, CO
Price:
$525,000
BR/BA:
3 BR, 3 BA
Location:
322 Grand Avenue, Paonia, CO
Description:
Nicely remodeled and cared for 2 story tri-plex in downtown Paonia. Walking distance to everything. 3 units with 2 on main level and one on upper level. Unit A (main level front) 1 bedroom, 1 bath, range, refrigerator, microwave included; Unit B (main level rear), 2 bedrooms, 3/4 bath, laundry room, range, refrigerator, washer and dryer included; Upper Unit: 3 bedrooms, 1 full bath, nice covered balcony overlooking Grand Avenue, range, dishwasher and refrigerator included. Units are separately metered for gas and electric (tenant pays). Seller pays water and sewer. Each tenant pays $20/mo for Elevate high speed internet. Good cash flow (APOD available on Assoc Docs). Currently managed by Cathy Smith Property Management (cap rate calculated with no property management expense). Back garage/storage building could be potential additional income. Owner improvements include exterior paint, new roof on garage, interior paint 2016, new kitchen and bath in Unit B, substantial window replacement in 2016. New flooring in Unit B, new bath and furnace in Upper Unit. Excellent and rare opportunity for multi-family income in Paonia, or live in one and rent the other two for additional income.
Property Type:
Single-Family Houses
Sq feet:
2,546 sq. ft.
Amenities:
Dishwasher, Internet Access, Parking, Patio/Deck, Refrigerator, Storage, Washer Dryer
For sale by:
Agent/Broker
Agent Name:
Bob Lario
MLS Number:
809361
Posted:
November 16 2023 on ListingsMagic
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More About this Listing: 322 Grand Avenue Paonia, CO
322 Grand Avenue Paonia, CO is a Three Bedroom 3.5 Bath Single-Family Homes for Sale at 322 Grand Avenue in Paonia CO. Find other listings like 322 Grand Avenue Paonia, CO and listings near 322 Grand Avenue by searching Oodle Classifieds for Three Bedroom 3.5 Bath Single-Family Homes for Sale in Paonia CO.
322 Grand Avenue Paonia, CO is a Three Bedroom 3.5 Bath Single-Family Homes for Sale at 322 Grand Avenue in Paonia CO. Find other listings like 322 Grand Avenue Paonia, CO and listings near 322 Grand Avenue by searching Oodle Classifieds for Three Bedroom 3.5 Bath Single-Family Homes for Sale in Paonia CO.