BEDS4
BATHS2
SQUARE FEET1,584
MLS#241864
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLa Veta
SCHOOLRE-2
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!
Property Features
Property Type: Residential - Single Family
Fenced: Yes
Home Style: Other
Lot Size: 0.23 Acres
Taxes: $1,105
Year Built: 1972
Feature Descriptions
Approximate Square Footage (Level): 1584 (Main)
Days on Site: 10
Exterior: Mountain View
Interior: Window Coverings
Landscaping: Wood Fence-Rear
Lot Dimensions: 0.23 Acre(s)
Parking Notes: No Garage
Local Schools
School District: RE-2
Listed By / Shown By
Listed By
Agency Name: Code of the West Real Estate LLC
Agency Phone: (719)742-3626
Shown By
Agent Name: Johnny Allen
Agent Phone: (408) 806-8577
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 1,599.91 per month $1,423.54 Principal & Interest $92.08 Property Tax $84.29 Homeowner's InsuranceChange Payment Information
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601 & 603 Virginia Ave | MLS# 241864
This single family home located at 601 & 603 Virginia Ave, La Veta, CO 81055 is currently listed for sale with an asking price of $289,000. This property was built in 1972 and has 4 bedrooms with 1584 sq. ft. & 603 Virginia Ave is located in the La Veta subdivision within the RE-2 school district. Search La Veta real estate on www.johnnyallenhomes.com today.