$525,000

103AND105 Nickerson Ave Poncha Springs, CO 81242

$6,234
Closing credit¹
1,620 sqft
0.3 acres
$324 / sqft
Multi-Family

Property details

About 103AND105 Nickerson Ave

Have you been looking to break into the area real estate market as an investor? This duplex successfully rents for $3,000 per month (total gross income). Seller is offering owner financing to qualified buyers at below market terms. The south unit (105) has been updated with LVT flooring, new cupboards and countertops, along with newer appliances. The north unit (103) is in its original condition, however, the tenants have been in place for 18 years and are hoping to stay put continuing their month-to-month lease (no searching for new tenants and no rush to update it!). Modular construction with each having in-unit laundry hookups. Re-roofed Fall of 2019. Conveniently located near a park, the Poncha Pub, groceries, and a hardware store. The neighborhood consists primarily of full time residents, giving folks the opportunity to get to know their neighbors. It offers the added bonus of being just minutes from Salida too! Each side of the duplex offers one level living, with 2 bedrooms, 1 bath, vaulted ceiling, and lots of natural light. Each unit comes with its own shed for bikes, tools, and storage totes. Situated on 2 original town lots, totaling 0.29 acres, creating a spacious backyard. No covenants, zoned T4 General Urban. Great opportunity for someone wanting to live in one side, while renting out the other side. Bring an offer!

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Pending)
Size1,620 sqft
Lot size0.29 Acres
Year built1996
ParkingDriveway-Gravel
MLS #6465950
ViewMountain(s)

Summary

  • MLS Number: 6465950
  • MLS Name: RECOLORADO
  • Office Name: Full Circle Real Estate Group
  • Office Phone: (719) 207-3651
  • Office Email: cathychochon@gmail.com
  • Listing Agent: Cathy Chochon

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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Last updated on: 4/14/2025, 1:57:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style house with a mountain view

$525,000

103AND105 Nickerson Ave

$6,234

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

9

Longfellow Elementary School

Public District KG-4

4.4 mi

425 W 7th St

4

Avery Parsons Elementary School

Public District KG-5

22.9 mi

516 E Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,227. The most common annual income of people living in Poncha Springs, CO is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

37%
<35k
46%
35k-100k
9%
100k-200k
8%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
12%
Single, with Kids
36%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

This home is located at 103AND105 Nickerson Ave in Poncha Springs, CO and zip code 81201. This 1,620 square foot home, which was built in 1996, sits on a 0.29 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $525,000.

In March 2025 more than 1 listings in Poncha Springs, CO were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of listings in Poncha Springs, CO increased by 15% between February and March 2025. While the average time on the market in March 2025 was 20 days, the median list price was $573,715.

From Rocket Homes Real Estate and based on county public records data.

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