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$639,900
Est. payment /mo
6,263 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Under Contract - Showing
Purchase Type For Sale
MLS Listing ID 4338789
Construction Status Existing
HOA Y/N No
Year Built 1957
Annual Tax Amount $2,313
Tax Year 2023
Lot Size 6,263 Sqft
Property Sub-Type Duplex
Property Description
Located in the heart of beautiful Palmer Lake, this stand-alone building is zoned convenience-commercial (CC) which permits a multitude of uses including a combination of residential and commercial. Current conditional-use permit for multi-family as a duplex! This building is turn-key for your rental investment needs with a 3 bed, 1 bath unit and a 2 bed, 1 bath unit, each with their own laundry! Whether long or short-term rentals are your goal, or if you choose to live in one unit and rent the other, this location cannot be beat! Public parking lots to the rear. Building was completely renovated with quality finishes in 2021 including: new bathrooms, kitchens, laundry, floors, walls, fixtures, furnace, water heater, and appliances! Pella windows, custom steel doors and a metal roof! Located in the middle of all things local including restaurants, shops, coffee and ice cream! Property backs directly to the Palmer Lake Recreation Area, home to huge, small-town events that draw 1,000s of visitors year-round like the Palmer Lake Wine Festival, the 4th of July Fireworks and the Palmer Lake Outdoor Classic! Ideal short-term rental location with unlimited outdoor recreation and miles and miles of trails immediately outside the door including fishing, hiking, biking, disc golf, pickleball and more! Breathtaking views of the surrounding mountains and the Palmer Lake Star! Entrepreneur? This property is located right on Highway 105 (old Main Street) with ideal frontage for both vehicles and foot traffic, near popular wedding venues and just 1 exit from the USAFA! Rent one side and open your dream boutique, salon or office in the other! Invest in Palmer Lake now…this small mountain town is evolving into a destination location with unlimited outdoor recreation and access to the National Forest! Walk to local restaurants, shops, coffee and ice cream! Relocate your business to this thriving little community!
Location
State CO
County El Paso
Area Palmer Lake
Interior
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type None
Laundry Electric Hook-up
Exterior
Garage Spaces 4.0
Utilities Available Electricity Available, Natural Gas Available
Roof Type Metal
Building
Foundation Slab
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Lewis-Palmer-38
Others
Special Listing Condition Lead Base Paint Discl Req, Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/ppar/4338789
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Listed by Main Street Brokers