About 197 True Ave
Exceptional investment opportunity with this well-maintained duplex offering two attached units being sold together. With a total of 2,808 square feet (1,404 square feet per unit), this property provides immediate rental income, with each unit currently generating $2,200 per month. Each unit features an identical floor plan (mirror image layout) designed for comfortable everyday living. The main level offers an open-concept kitchen, dining, and living area with durable concrete floors, efficient in-floor radiant heat, a convenient half bath, laundry area, quartz countertops, and an attached one-car garage. Enjoy outdoor living from the covered front porch, perfect for relaxing year-round. Upstairs, each unit includes three bedrooms, including a spacious primary suite complete with a private bath and its own balcony. Two additional bedrooms and a full guest bath provide ample space for family, guests, or a home office. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility, strong income potential, and a desirable layout. An excellent opportunity for investors and owner-occupants alike.
Features of 197 True Ave
| MLS® # | 6643166 |
|---|---|
| Price | $889,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 2 |
| Half Baths | 2 |
| 3/4 Baths | 2 |
| Square Footage | 2,808 |
| Acres | 0.11 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 197 True Ave |
|---|---|
| Area | Poncha Springs |
| Subdivision | none |
| City | Poncha Springs |
| County | Chaffee |
| State | CO |
| Zip Code | 81242 |
Amenities
| Utilities | Electricity Available |
|---|---|
| Parking | Attached |
| # of Garages | 1 |
| Garages | Attached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Open Floorplan, Kitchen Island |
|---|---|
| Appliances | Dishwasher, Refrigerator, Washer, Dryer, Microwave, Fire Alarm |
| Heating | Baseboard, Radiant |
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
| Fireplaces | None |
| Stories | Two |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Level, House Faces North, Xeriscape |
| Roof | Composition |
| Construction | Frame, Stucco |
School Information
| District | Salida R-32-J |
|---|---|
| Elementary | Longfellow |
| Middle | Salida |
| High | Salida |
Additional Information
| Days on Market | 1 |
|---|---|
| Zoning | Residential |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Stacy Lowe |
|---|---|
| Office | Pinon Real Estate Group LLC |