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222 CimarronLa Junta, CO 81050

Otero County

$131,000List price
3Beds
1Baths
1,848Sq Ft
1920Year built
0.09Acre lot
2Garage
4 months agoOn market

Description

Cash flow from day one. This income-producing 3-bedroom, 1-bathroom home in La Junta, Colorado is already doing the work for you. Currently leased through May 2027 at $1,300/month with the tenant covering all utilities, this is the kind of low-overhead, stabilized asset savvy investors are always chasing. Whether you're building your first rental portfolio or adding another steady performer to an established one, this property checks the boxes: long-term tenant in place, no utility exposure, and a lease term that gives you runway without the immediate re-leasing risk. Looking to scale? This property is available as part of an 6-property portfolio spanning La Junta and Rocky Ford — two of Southeast Colorado's most established rental markets. Acquire one or acquire them all. The bundle includes 711 S 8th in Rocky Ford plus 212 Cimarron (duplex), 216 Cimarron (duplex), 113 E 3rd, and 1206 Lewis — all in La Junta. Purchasing as a bundle offers instant scale, diversified income streams across two markets, and the kind of negotiating leverage that individual acquisitions simply can't match. Two duplexes in the mix means even more doors per dollar invested.

Property Information

Property type
Residential
Style
1.5 Story
Year built
1920
Living area
1,512 Sq Ft
Lot size
0.09 acres
Lot dimensions
45x85
Garage spaces
2
Ownership
Seller
Zoning
RES
Days on market
146
MLS® Listing#
239909

Property Features

Interior
Walk-In Closet(s) · Master Downstairs
Appliances
Range · Oven · Dishwasher · Refrigerator
Cooling
Central Air
Heating
Natural Gas · Forced Air
Flooring
Hardwood · Carpet · Vinyl
Fireplace
None
Basement
Unfinished · Partial
Parking
Garage · Detached
Laundry
Main Level
Patio
None
Construction
Frame
Roof
Composition
Windows
Wood Frames
Security
Smoke Detector(s)
Sewer
Public Sewer
Water source
Public

Schools

District
East Otero R1

Financial Details

HOA
None
Annual taxes
$347
Parcel number
464302313006

Directions

I-25 --- Take exit 100A for US-50 E toward La Junta --- Slight right onto the ramp to US-50 E --- Turn right onto the ramp to US-50 E for 63.8 mi --- Turn right onto Cimarron Ave Destination will be on the right

Listing Courtesy: HomeSmart Preferred Realty - 7195821046

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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