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$

674,900

Location pin icon with circle center point marker symbol
Canon City, CO, 81212
Location pin icon with circle center point marker symbol
508/510 Greenwood Ave, Canon City, CO 81212
Simple black line drawing of a house with a peaked roof and front door
Multi-Unit
-
sq. ft
Person sleeping in bed with pillow and blanket
8
Bedrooms
Bathtub with showerhead and water running from faucet
8
Bathrooms

Projected Returns

Revenue Potential
≈ $
150,000
Cash-on-Cash Return
22%

About This Property

This fully renovated triplex in downtown Canon City presents a strong, income-producing investment with an established short-term rental track record. The property consists of three separate units — two mirrored front units, each with 3 bedrooms and 3 bathrooms, and a rear 2-bedroom, 2-bathroom unit with alley access for added privacy and convenience.

All units were comprehensively updated, featuring modern finishes, new electrical systems, and new HVAC throughout. The front units share an outdoor patio and hot tub, enhancing guest appeal and rental competitiveness. Each unit's layout is designed to maximize space and functionality.

The property is currently operating as a successful short-term rental with solid financials since inception, offering an investor an immediate, turnkey opportunity with clear upside potential.

Details

Simple black line drawing of a house with a peaked roof and front door
Type:
Multi-Unit
Person sleeping in bed with pillow and blanket
Bedrooms:
8
Bathtub with showerhead and water running from faucet
Bathrooms:
8
3D isometric cube with geometric square panels on two visible sides
Square Feet (interior):
-
sqft
3D isometric cube with geometric square panels on two visible sides
Lot Size:
-
sqft
Year Built:
1927
Cooling Type:
HVAC
HOA?
NO
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