SOLD
5-Plex
260 E Orchard Street
Hotchkiss, Colorado
MLS#775540
$220,000
5 unit apartment complex in Hotchkiss with good tenants and good rental history! Situated on a quite residential street with neighborly tenants. The lot has tall shade trees and a nice green lawn which makes it a quiet, affordable, place to live. Sitting on 3 lots, with all utilities in place (but not divided for each individual unit) is wood sided, composition shingle roof, natural gas heat or electric baseboard heat (1 unit) and evaporative cooling for each unit. Very easy to operate and the owner elects to keep the rental rate affordable to maintain a good, stable group of tenants. Here's your chance to let your money work for you while you sleep. First showings will be limited to the outside, common areas and an apartment or two if tenants approve. All the apartments will only be shown after Buyer interest is established so as not to disturb or inconvenience the tenants. apartments 5 and 4 have assigned spaces and the rest of the units employ street parking.