Downtown Salida Condo with S Mountain Views | Turnkey Investment Opportunity

139 W First Street Unit E, Salida, Colorado 81201 | Listed at $675,000

2 Bedroom | 1 Bathroom | 907 Sqft.

ABOUT THE PROPERTY

Experience the best of downtown Salida living in this well-constructed, thoughtfully designed 2-bedroom, 1-bath condo with stunning views of iconic S Mountain. This fully furnished, move-in ready residence offers an efficient layout that maximizes space and livability—ideal as a full-time home, second home, or investment property.

Located just two blocks from the Arkansas River, you'll enjoy quick access to scenic walking and biking paths along with some of the area's most sought-after outdoor recreation. Salida's vibrant downtown scene is right outside your door, featuring unique boutiques, art galleries, coffee shops, and local restaurants. Monarch Mountain Ski Area is nearby, offering year-round adventure with skiing, hiking, rafting, and mountain biking.

Large windows showcase beautiful natural light and capture the impressive backdrop of S Mountain, creating a bright and welcoming atmosphere throughout the home. With true lock-and-leave convenience and desirable mixed-use downtown zoning, the property provides flexibility for both long-term and short-term rentals, with no residency requirement for obtaining a short-term rental permit.

With a strong history of short-term rental performance, this condo can continue to serve as a reliable income-producing property or an easy, low-maintenance Salida retreat. Whether you're seeking a turnkey investment or a stylish basecamp for enjoying everything Salida has to offer, this well-appointed condo presents an exceptional opportunity in one of Colorado's most beloved mountain towns.

    • MLS #4260386

    • Price: $675,000

    • Bedrooms: 2

    • Bathrooms: 1

    • Square Feet: 907

    • Year Built: 1950 (updated 2013)

    • HOA: $1,540/year

    • Prime downtown Salida location—walk to everything

    • Stunning S Mountain views with abundant natural light

    • Fully furnished and move-in ready

    • Strong short-term rental history with flexible zoning

    • Two blocks from the Arkansas River and walking/biking trails

    • Open floor plan with high ceilings and gas fireplace

    • Modern kitchen with granite counters and kitchen island

    • Central heat and air for year-round comfort

    • In-unit laundry with tankless water heater

    • HOA covers water, sewer, trash, snow removal, and building insurance

Compensation to Buyer's Agent: 2.25%

THE PHOTO GALLERY


MEET THE LISTING AGENT

With over twenty years of experience in Chaffee and Fremont counties, I bring a deep knowledge and understanding of the real estate landscape to every transaction. And, as a GRI and ABR certified agent, I’m dedicated to helping my clients find the perfect place to call home. So, click the button below to schedule a tour of this beautiful property today.