$425,000
$425,000
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1 Bed
1 Bath
376 SqFt
SOLD DATE : 07/31/2023
Key Details
Sold Price $425,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 376 sqft
Price per Sqft $1,130
Subdivision The Palace Hotel Condominiums
MLS Listing ID 5191011
Sold Date 07/31/23
Bedrooms 1
Full Baths 1
Condo Fees $814
HOA Fees $271/qua
HOA Y/N Yes
Originating Board recolorado
Year Built 1950
Annual Tax Amount $811
Tax Year 2022
Property Description
Recently renovated condo in Colorado’s historic Palace Hotel. Established in 1909 known as the "Foshay Hearts of Salida Suite" this fully furnished turn key opportunity is a rare chance on some of Salida’s Downtown history. The open-layout and natural lighting helps expand the feel of the Condo. This property has been run as a successful vacation rental, and would also make an ideal weekend/holiday getaway. Embrace the incredible views of S-Mountain and the Arkansas river in a prime location downtown Salida. Enjoy the breweries, restaurants, and shopping just footsteps away and within walking distance to hiking, biking, rafting and fly-fishing! Monarch Ski Area is a short 30 min drive. HOA fees cover water, sewer, trash, natural gas, internet, cable, common area maintenance, building insurance and on-site property manager. It is the responsibility of the Buyer to contact the city for all details associated with a short term rental license. Check out the virtual tour: https://www.youtube.com/watch?v=fDI3gnooNqs
Location
State CO
County Chaffee
Zoning C-2
Rooms
Main Level Bedrooms 1
Interior
Heating Baseboard, Forced Air
Cooling Air Conditioning-Room
Flooring Carpet
Fireplace N
Appliance Bar Fridge, Microwave, Oven, Range
Laundry Common Area
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
View City, Mountain(s), Water
Roof Type Composition
Garage No
Building
Lot Description Historical District, Master Planned
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
Schools
Elementary Schools Longfellow
Middle Schools Salida
High Schools Salida
School District Salida R-32
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Pets Description Number Limit, Yes
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Pinon Real Estate Group LLC
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