601 & 603 Virginia, La Veta, CO 81055
601 & 603 Virginia, La Veta, CO 81055
601 & 603 Virginia, La Veta, CO 81055
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$289,000
Est. payment /mo
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4 Beds
2 Baths
1,584 SqFt
New

601 & 603 Virginia La Veta, CO 81055

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $182

Subdivision La Veta Addition

MLS Listing ID 2668155

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1972

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Property Description

Investment Opportunity in the charming town of La Veta! Just a short walk from charming downtown La Veta, this versatile duplex offers income potential, flexibility, and small-town Colorado living. Each unit features 2 bedrooms, 1 bath, and approximately 782 sq. ft., making it ideal as a full investment property, multi-generational home, or primary residence with rental income to help offset your mortgage. Both units are currently rented at $850 and $875/month, with one becoming available September 1. Current NOI is approximately $15,364 with a 5.3% cap rate before vacancy, based on current rents. Separate utilities keep ownership simple, with tenants responsible for all utilities except water. With established rental history, low carrying costs, multiple use options, and a location within walking distance of downtown, this La Veta duplex is an opportunity you won't want to miss!

Location

State CO

County Huerfano

Zoning Residential

Rooms

Basement Crawl Space

Interior

Heating Baseboard, Hot Water

Cooling None

Flooring Laminate

Appliance Dryer, Washer

Exterior

Fence Partial

Waterfront Description Public

View Mountain(s)

Roof Type Composition

Private Pool No

Building

Story Multi/Split

Sewer Public Sewer

Water Public

Schools

School District Elementary: La Veta Re-2, Middle/Junior: La Veta Re-2, High: La Veta Re-2

Others

Senior Community No

Tax ID 37797

Special Listing Condition None Known


REColorado MLS
Listed byCode of the West Real Estate

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Metro Brokers Inc

Metro Brokers Inc

+1(720) 704-0606

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601 & 603 Virginia