$1,300,000
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232 Main Ouray, CO 81427
Single Family
Residence
5
Beds
5
Baths
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
INVESTOR'S DREAM! This unique property has a current Cap Rate of approximately 15% with current listing price. The property, originally constructed in 1888 and completely renovated in 2019, has 5 separate, private 1 bedroom/1 bath apartments approximately each 450 sq feet. Each apartment comes compl...etely furnished with a full kitchen and all its kitchenware. It is completely turnkey. Currently 4 of the 5 apartments are short term vacation rentals and 1 has a long-term tenant in it. (No Lease) Also included is a 2 car detached garage with storage above. Located on the very popular Main Street in beautiful Ouray, CO, otherwise known as the Switzerland of America, this place is in the perfect location and walking distance to shops, restaurants, hiking trails, hot springs, Ice Park, Via Ferrata, mountain climbing and more. With its unique balcony sitting over Main St, there isn't a better place to view the extraordinary fireworks display with mountain background on the 4th of July and NYE! This place has endless possibilities! Give us a shout!
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MLS#
793467
Property Type
Single Family
Bedrooms
5
Bathrooms
5 Three-Qtr
Year Built
1888
Price per Sq. Ft.
$452.65
Lot Size
0.1
Sewer
Public Sewer
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