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512 Yale PL Canon City, CO 81212
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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
Year Built 1973
Annual Tax Amount $2,739
Tax Year 2023
Lot Size 4,791 Sqft
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
Exterior
Roof Type Composition
Building
Story Two
Sewer Public Sewer
Structure Type Brick,Stucco
Schools
Elementary Schools Washington
Middle Schools Canon City
High Schools Canon City
School District Canon City Re-1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT
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