Jennie Lee
BEDS4
BATHS2 full
SQUARE FEET1,584
MLS#2668155
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLa Veta Addition
SCHOOLLa Veta RE-2
Listing Courtesy of:
Code of the West Real Estate
Agency Contact: amanda@cotwrealestate.com,307-460-0872
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 wont want to miss!
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space
Cooling: None
Heating: Baseboard, Hot Water
Lot Size: 0.23 Acres
Roof Type: Composition
Taxes: $1,105
Year Built: 1972
Feature Descriptions
Appliances: Dryer, Washer
Baths 3/4: 0
Baths Full: 2
Baths Half: 0
Baths Total: 2
Days on Site: 9
Exclusions: None known.
Exterior: Frame, Stucco
Fencing: Partial
Flooring: Laminate
Parcel#: 37797
Sewer: Public Sewer
Special View Info: Mountain(s)
Water: Public
Local Schools
High School: La Veta
Middle School: La Veta
Elementary School: La Veta
School District: La Veta RE-2
Listed By / Shown By
Listed By
Agency Name: Code of the West Real Estate
Agency Contact: amanda@cotwrealestate.com,307-460-0872
Shown By
Agent Name: Jennie Lee
Agent Phone: (303) 870-0411
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 | MLS# 2668155
This single family home located at 601 & 603 Virginia , 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 and 2 full baths with 1584 sq. ft. & 603 Virginia is located in the La Veta Addition subdivision within the La Veta RE-2 school district. Search La Veta Addition real estate on jennie.thecuttingedgerealtors.com today.