610 N Orchard Avenue A-D Canon City, CO 81212

Multi-Family (2-4 Units) MLS #: 3949723 Courtesy Of Real Broker, LLC

$681,000

0.42 acres
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Est. Property Tax: $1,977
Estimated monthly payments: $3,142/mo.* (recalculate)

Property InformationDescription

Discover this unique investment that combines multiple wealth-building strategies!! This centrally located four-plex property offers a powerhouse of potential: it is within an Opportunity Zone (OZ), has potential for house hacking, building passive income, and/or seeking tax advantages by deferring or eliminating capital gains taxes and/or reducing taxable appreciation. Utilize house hacking by living in one unit and rent the others. Let your tenants pay down your mortgage while you build equity. These 2BDR, 1BA units have a stellar rental history. Three of the 4 units had new furnaces installed in 2017, and a new class 4 shingled roof was installed in 2024. This property is very clean and has been very well-maintained. Since 2017, no pets have been in any of the units. These units are highly livable, each with 1040 s.f. and notably each has a nice-sized living room/dining room/kitchen combo and spacious bedrooms. Parking spots are in a dedicated paved parking lot. There is a large storage shed that the current owner uses to store maintenance tools and supplies. This property is located in an economic Opportunity Zone, which is designed to encourage development and as the area evolves, property values are projected to rise making this a win-win for cash flow and appreciation. Want to learn more about how to make this 4-plex your next investment? Reach out to learn more and come take a look today!

Features

  • Age: 41-50 Years Old
  • Architecture Style: Other
  • Cooling System: Evaporative
  • Exterior Type: Brick
  • Heating System: Forced Air
  • Lot Size: 0.42 Acres

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610 N Orchard Avenue A-D, Canon City, CO 81212
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School Information

610 N Orchard Avenue A-D, Canon City, CO 81212

Elementary School
Grades KG-8 | Public School
HARRISON K-8 SCHOOL
Canon City, CO 81212
920 Field Ave
719.­276.5970
Distance: 0.9 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
626
Middle School
Grades 6-8 | Public School
CANON CITY MIDDLE SCHOOL
Canon City, CO 81212
1215 Main Steeet
719.­276.5740
Distance: 1.1 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
356
High School
Grades 9-12 | Public School
CANON CITY HIGH SCHOOL
Canon City, CO 81212
1313 College Ave
719.­276.5870
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
16:1
Total Students
956
Other Nearby Schools Distance Type Grades School Rating
Mount View Core Knowledge Charter School 0.8 mi Public PK-8 B
Canon Christian Academy 0.9 mi Private KG-11
Washington Elementary School 1.3 mi Public KG-5 C
Canon Exploratory School 1.5 mi Public KG-8 B-
Four Mile Adventist Christian 1.7 mi Private KG-8
Mckinley Elementary School 1.7 mi Public KG-5
Lincoln School Of Science And Technology 2.0 mi Public KG-5 B-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Canon City, CO 81212

Median Age: 46.7
Married: 49%
Number of Households: 11,877
Households with Children: 23.5%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.