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Image 1 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 2 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 3 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 4 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 5 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 6 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 7 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 8 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Image 9 - 521 Summit Street, Simla, Elbert County, CO 80835, USA - Apartment for sale
Property For Sale In Simla, Colorado
521 Summit Street, Simla, Elbert County, CO 80835, USA

Property For Sale In Simla, Colorado

apartment for sale
Listed: 03/02/24

521 Summit Street, Simla, Elbert County, CO 80835, USA

Studio Bed:
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Price
$ 490,000

About This Apartment

Amazing opportunity to own your own primary residence and add a couple of investment properties units in one transaction! Or you can add a completely leased and nicely updated tri-plex to your investment portfolio. This property's heat source is a super-efficient and cost-effective geo-thermal well system. The upfront cost has already been spent for this system and it is in place and ready to save you money on your heating and cooling expenses (takes you from approximately 19 cents a square foot to heat and cool down to 10 cents per square foot!). Property also has a spacious, detached, 3-car garage, and sits on a lot that's over 1/3 of an acre! So many smart possibilities with this property! Don't miss this opportunity!

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Simla Housing & Living

Household Income

Median household income: $48,472
Number of households: 263
The average household income in Simla, CO declined from $55,368 to $48,472 in the past year. This data is an estimate based upon 263 households in Simla, CO.
The chart below presents how household income is distributed in Simla, CO in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Simla, CO compared to median property taxes around the country. The prevalent amount of property taxes in Simla, CO equals <$800 , which is more than the national average.