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$ 875,000
Est. payment /mo
New
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 $175
MLS Listing ID 835266
Full Baths 4
Year Built 1911
Annual Tax Amount $2,366
Tax Year 2025
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, bonus and storage spaces, individual furnaces, and individual laundry areas. A fourth unit is currently under renovation, offering immediate value-add potential. Additionally, there is an approximately 1,000 sq. ft. garage with the potential to be converted into a fifth apartment unit, creating even greater income opportunity. One unit features a dramatic multi-level solarium with outstanding solar gain, ideal for a greenhouse, studio, or sunroom. Situated on a large corner lot where the zoning also allows for an ADU by right, providing additional development flexibility. Seller financing is available — bring all offers!
Location
State CO
County San Juan
Interior
Furnishings Unfurnished
Exterior
Parking Features Attached Garage
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.
NEARBY SCHOOLS & PROPERTIES
Lee Roufa
Broker License Partner Engel & Volkers Telluride | License ID: ec100033234