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Jeff Lewis

jeff@corepropertygroupre.com +1(970) 443-2224

$ 289,000

Est. payment | -/mo

4 Beds

2 Baths

1,584 SqFt

Save

$ 289,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,584 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Subdivision La Veta Addition

MLS Listing ID IRE2668155

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1972

Annual Tax Amount $1,105

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Source ires

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

Community La Veta Addition

Area Out Of Area

Zoning Residential

Direction From Main Street in La Veta turn East on Virginia and travel 5 blocks to property. Duplex is on left side of the street.

Rooms

Basement Crawl Space

Interior

Heating Hot Water, Baseboard

Appliance Washer, Dryer

Exterior

Parking Features Off Street

Garage Spaces 2.0

Fence Partial

View Y/N Yes

View Mountain(s)

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

Water City

Level or Stories Bi-Level

Structure Type Frame,Stucco

New Construction false

Schools

Elementary Schools La Veta

Middle Schools La Veta

High Schools La Veta Re-2

School District La Veta Re-2

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Amanda Salas

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 443-2224

jeff@corepropertygroupre.com

3665 John F Kennedy Pkwy Suite 210, Fort Collins, CO 80525, USA

601 Virginia La Veta, CO 81055