Canon City, CO 81212,512 Yale PL
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Canon City, CO 81212,512 Yale PL
Canon City, CO 81212,512 Yale PL
Canon City, CO 81212,512 Yale PL
Canon City, CO 81212,512 Yale PL

$712,500

Est. payment /mo

$775,000

8.1%
Est.Price: ?

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512 Yale PL Canon City, CO 81212

4,368 SqFt

SOLD DATE : 09/25/2024

Key Details

Sold Price $712,500

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,368 sqft

Price per Sqft $163

Subdivision Canon City

MLS Listing ID 9942271

Sold Date 09/25/24

HOA Y/N No

Originating Board recolorado

Year Built 1973

Annual Tax Amount $2,739

Tax Year 2023

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Introducing Yale Place, an exceptional investment opportunity in Canon City, Colorado, brought to market by Capstone Apartment Partners. This listing is must be sold with 528 Yale Place. When combines with 528 Yale Place, the combined offering includes eight individually deeded townhomes, each functioning similarly to single-family homes. These meticulously maintained 2-bedroom, 1.5- bath units feature two deeded parking spaces, wall A/C, in-unit washer/dryer hookups, and access to a large common backyard. With immediate potential for rental income growth through cosmetic upgrades to kitchens and baths, Yale Place presents a unique value proposition. Strategically located near major employment centers such as St. Thomas More Hospital and the Colorado Correctional Facility, Yale Place benefits from a highly insulated market with resilient economic activity, consistent rental demand, and limited vacancy, ensuring stable and attractive returns for investors.

Location

State CO

County Fremont

Interior

Heating Forced Air

Cooling Air Conditioning-Room

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Story Two

Sewer Public Sewer

Level or Stories Two

Structure Type Brick,Stucco

Schools

Elementary Schools Washington

Middle Schools Canon City

High Schools Canon City

School District Canon City Re-1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com
Bought with NON MLS PARTICIPANT

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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