Address
508-510 Greenwood Avenue, Canon City, CO
Price
$ 624,900
Property Attributes
  • MLS#6525359
  • TypeSingle Family
  • Listing Status Active
  • CountyFREMONT
  • CityCanon City
  • AreaCanon City
  • NeighborhoodCanon City
  • Zip81212
  • StyleTriplex
  • Year Built1927
  • Taxes$ 4861
  • Price$ 624,900
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3243
  • Lot Size0.13 Acres
Data Source:
Royal Gorge MLS (RGMLS)
Property Description

**Exceptional Investment Opportunity in Downtown Canon City** Savvy investors, take note! This surprisingly stunning property in downtown Canon City is a true gem that has it all. After a major remodel and overhaul, this fully renovated triplex features three separate rental units, each exuding modern design and unique character that set them apart in the market. This highly profitable short-term rental property has been thriving since its inception, with solid financial numbers to back its success. The front units are mirror images of each other, each boasting three spacious bedrooms and three bathrooms, meticulously updated from wall to wall. Their well-thought-out layouts maximize space and comfort, while a shared patio area and a hot tub provide an inviting outdoor retreat for guests. The rear unit is equally impressive, featuring a smartly designed two-bedroom, two-bathroom layout, also newly renovated with modern charm. With alley access, this unit adds convenience and privacy, making it an attractive option for potential renters. All units have been upgraded with new electrical systems and HVAC, ensuring efficiency and comfort for occupants. The combination of modern amenities and thoughtful design creates a highly functional property that stands out in the competitive rental market. This is an unparalleled opportunity for an investor to step into an already established and successful business, with the potential to enhance its profitability even further. Don't miss your chance to capitalize on this remarkable investment in a prime location—your next successful venture awaits!

Elementary School
Washington Elementary School
Price History
9/5/2025 Listed $689,000
12/17/2025 3$674,900
4/22/2026 4$649,900
7/23/2026 4$624,900

General Features

Sewer Sewer
Heating Central,Forced Air,See Prop Desc Remarks
Cooling Central Air,See Prop Desc Remarks
Utilities Cable Connected,Electricity Connected,Natural Gas Connected,See Prop Desc Remarks
Possession Negotiable
Roof Other
Appliances Dishwasher,Dryer,Microwave Oven,Oven,Range,Refrigerator,Washer
Zoning R3
Year Built 1927
Tenant Pays See Show/Agent Remarks
Property Subtype Triplex
Tax Year 2024
Parcel Number 3821321306003
OwnerPays See Show/Agent Remarks
Accessibility See Prop Desc Remarks
County Fremont
Property Type Income
HOA No
Status Active
Directions From Highway 50 Go North on 5th Street. Continue on 5th St 2 Blocks past Main St and Go Right onto Greenwood. Property is located on the South side of Greenwood. Unit #3 Does have Alley Access and Al
City Canon City
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 5662.8
Elementary School Washington
Property Attached Y/N No
Tax Annual Amount 4861.64
MLS Area Minor Canon City
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=hruew2UT5Cm&brand=0&mls=1&
Assessments Y/N No
Structure Type Brick
Standard Status Active
Total Actual Rent 5600.0

Interior Features

Attic Access Only
LPSqft 192.69
Window Features Double Pane,Vinyl
Laundry Features Electric Hook-up
LivingAreaSource Realtor Measured

Exterior Features

Siding Brick
Fencing Rear
Water Source Municipal
Lot Size 0.13
Alley Paved
Lot Size Acres 0.13
Sprinklers Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81212

Price
AVG $460K
$620K
Taxes
AVG $2,369
$4,861
Year Built
AVG 1975
1927
Visits
AVG 26
54
Data Provided by Inside Real Estate®

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