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Key Details
Sold Price $379,000
Property Type Multi-Family
Sub Type Apartment Bldg.
Listing Status Sold
Purchase Type For Sale
Square Footage 2,734 sqft
Price per Sqft $138
Subdivision Cortez Original
MLS Listing ID 821002
Sold Date 06/25/25
Full Baths 5
Year Built 1948
Annual Tax Amount $1,179
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Apartment Bldg.
Property Description
RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN CORTEZ CO! This 4-plex plus an additional ADU is located on a fantastic street in downtown Cortez. The 4-plex generates strong cash flow and is easy to keep rented. The new owner could create a ton of value by potentially redeveloping the back ADU into more units. Each unit is 1bd 1ba. Unit 1 was left vacant to allow for showings. Do not miss this prime multi family investment opportunity! Call me today for a showing!
Location
State CO
County Montezuma
Zoning Live/Work,Residential
Rooms
Basement Crawl Space
Interior
Cooling Central Air
Flooring Laminate
Furnishings Unfurnished
Exterior
Roof Type Composition
Building
Story Two Story
Foundation Crawl Space
Sewer City Sewer, City Water
Water City Sewer, City Water
New Construction No
Schools
Elementary Schools Kemper K-5
Middle Schools Cortez 6-8
High Schools Montezuma-Cortez 9-12
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