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324 piedmont Property

Courtesy of Scott Elkins

  • Address: 618 Mountain Village Blvd
  • City: Telluride
  • State: Colorado
  • Office: Telluride Realty, LLC
  • Phone: 970-708-0494
  • Email:
  • Contact Scott Elkins

Details

  • MLS# 745016
  • List Price: $98,750
  • Property Type: Residential
  • 324 piedmont
  • Rico, CO 81332
  • County: Dolores

Remarks

Investor opportunity! (The next door, in same complex sold for 139k in 11/15!!!(2.5 years ago! and with an average year over year appreciate of 9% that equals $172,400 in current market value for the subject) The other end unit is currently assessed at over 160k with the county This property is most likely non financeable.(Home needs TLC) This is an opportunity for some sweat equity, it could be a value! This home needs some drywall/some upgraded plumbing, railings, cabinets flooring in spots, possible electric and many more upgrades to make it a gem. (attention investors, this is a great opportunity to add value) This property is located at the north end of Rico and adjacent to the Dolores River with fantastic southern exposure and stunning views of the surrounding mountains. Rico's famous hot springs are an easy walk away from this townhome that represents a remarkable opportunity at a very affordable price. Rico is located just 22 miles south of world-class skiing in Telluride, Colorado. The home is being sold "as is where is". Lots of demo work will be needed and possibly permits with city might be needed - unknown. It has 1-2 lofts and also room for a future deck/patio. Its a townhome, so you own the land too, it can be improved or added onto. ***Possibly some "old metal/old wood/ loose rusty screws and abandoned tires/material/chemicals and dirt/debris onsite, as well as interior questionable building methods or poor designs of the last remodel.*** The work was half started and never completed. (has an unsafe deck(s) currently that has been partially removed. Lots too start with on the remodel but you have some newer tile stone and its chopped up into different levels, so lots of small nooks/rooms/landings. Great views from kitchen. No garage, open dirt lot parking. Taxes under $500 a year, in Dolores county This parcel will probably NOT qualify for a loan. Built in 1984, a 2 bedroom( lofts/landings) with 1.5 baths and w/d hookups and a 2nd half bath that has been started, No owner carry unless at least $50,000 down, but possible to get creative with sellers


Interior Features

  • 2 Beds
  • 2 Baths
  • 1248 Square Feet

Exterior Features

  • 0.20 Acres
  • Garage:

Schools

  • Elementary: Rico K-8
  • Middle: Rico K-8
  • High: Open Enrollment

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This data was last updated: 2018-06-23 6:30pm

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