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$ 975,000
Est. payment /mo
Active
858 Reese Street Silverton, CO 81433
4 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $195
MLS Listing ID 824011
Full Baths 4
Year Built 1911
Annual Tax Amount $1,315
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Fourplex
Property Description
This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, ample bonus and storage space, individual furnaces, and private laundry areas. A fourth unit is currently under renovation, offering value-add potential. Additionally, there's a spacious ~1,000 sq ft garage that could be converted into a fifth apartment unit, further increasing rental income. Enjoy incredible solar gain throughout the building—one unit even boasts a multi-level solarium, perfect for use as a greenhouse or sunroom. Situated on a large corner lot, the property provides ample space for future development. The current zoning allows for an Accessory Dwelling Unit (ADU) by right. Seller financing is available—bring all offers!
Location
State CO
County San Juan
Interior
Furnishings Partially Furnished
Exterior
Parking Features Attached Garage
Roof Type Metal
Building
New Construction No
Schools
Elementary Schools Silverton K-5
Middle Schools Silverton 6-8
High Schools Silverton 9-12
Listed by Stellar Mountain Properties Ltd.
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