9955 County Road 120Salida, CO 81201Sale Price: $1,200,000

  • Sale Price: $1,200,000
  • 155 Days Since Sale
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000Sale Price
  • 6Bedrooms
  • 4Bathrooms
  • 0.5Acreage
  • 4,470Square Feet
Sold

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Exceptional Investment Property! This triplex offers versatility to suit your needs, whether you're seeking a primary residence, income-generating rentals, or a mix of both! Unit "C" boasts an impressive 3,077 sq. ft. of living space, offered fully furnished, complete with a massive back deck with 731' perfect for enjoying stunning southern views while soaking up plenty of Vitamin D. It has 3 bedrooms and 2 bathroom, the kitchen and family room upstairs and a wonderful great room on the lower level. Everyone will enjoy the sunroom with wet bar and hot tub outside. Unit "A," a charming 1-bedroom, 1-bath space, could serve as a "mother-in-law" suite, or a long-term/short-term rental. With 610 sq. ft., it's the perfect private retreat. Unit "B" features 2 bedrooms and 1 bath, which could also be either a STR or long term. Very well established. This property has been fully remodeled and is in excellent condition, being very bright, open and inviting. Each unit includes its own kitchen, private living spaces, and laundry room for convenience. The large back deck is perfect for entertaining, while Unit "A" and Unit "B" enjoy private patios and courtyards for more intimate relaxation. Additional highlights include a 2-car attached garage, which can double as a game room, desirable radiant heated floors, granite countertops, walk in closets and very nice bathrooms in every unit. With Commercial Zoning and Board House C/O designation, this property allows up to 10 occupants and does not require a short-term rental permit. Generating a NOI of $85,075 in 2024, this property is truly "turn-key." Just 20 minutes from Monarch Ski Area, close to the Arkansas River for rafting and fishing, and a mere 10 minutes to downtown dining, shopping, and entertainment, this property is an investor's dream. Don't miss the opportunity to own this stunning and versatile mountain retreat! Call now for private showing. For further information pull up the 6 pg. brochure attached.

Property Details of 9955 County Road 120

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Listed by Mary Kale of Full Circle Real Estate Group (mmkkale64@gmail.com,719-221-2879)

Listing Sold by Pinon Real Estate Group, LLC

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