USACOLa VetaLa Veta601 & 603 E Virginia St

601 & 603 E Virginia St, La Veta, CO

House

For Sale

Listed price in listed location currency (USD).

$289,000

420

MLS® 241864

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 1584 sqft

Garage

Taxes $1,105

Days Active 16

Lot Size 0.23 Acres

Approx. Age 1972

Avg. Price Per Sqft $182

MLS® Number 241864

Property Address: 601 & 603 E Virginia St, La Veta, CO, 81055-5156

Average square foot calculated using Size range provided by listing agent.

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!

MLS® Number241864

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1972

BasementCrawl Space

DrivewayNo Garage

Garage Spaces

HeatBaseboard, Hot Water

A/CNone

Extras

Rooms

Change to metres

Living Room:Main Floor14 × 12 ft

Bedroom 3:Main Floor12 × 11 ft

Bedroom 2:Main Floor11 × 10 ft

Kitchen:Main Floor11 × 7 ft

Dining Room:Main Floor10 × 9 ft

Bedroom 4:Main Floor11 × 10 ft

Master Bedroom:Main Floor12 × 11 ft

Map

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