A true diamond in the rough! This one-of-kind property on the mountain in Steamboat Springs has endless potential. Sitting at 1.83 acres, it currently has a single family residence and a duplex on it. Two entrances to the property and MF3 zoning make this a prime candidate for a variety of development ideas. The 1268 SF house has 2 bedrooms, office, and 1 bath with a two-car garage. Residents will be vacating this summer. The home is currently leased at $3200 per month. One side of the duplex (1500 SF, 2 gar garage) is currently leased for $3350 per month. The larger side (2536 SF, 3 car garage), and huge covered deck with amazing views!) is mostly finished. A little sweat equity and it will be move in ready. This unit finished would bring another $4,000 per month once it's finished! This could have the cash flow of over $10,000 per month while getting your project up and running. Great built-in income while you plan the future development of this property. This property has a additional possibility of 40,000 square feet of additional residential space zoned MF3. Established open space already in place with Greenbelt and utilities available to site. Joint Venture or Partnership offered by the Seller and Seller is open to ideas.....
Courtesy of Ski Town Associates
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