734 4th Street Bldg , Unit

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Pending Ouray, CO 81427 MLS# 796160 Listed by Mistalyn Kuzov - Pending as of 09/09/2022
$1,300,000
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Single Family Property Type
9 Bedroom
6 Bathroom
0 Garage
5352 Sq Ft
0.16 Acres
1972 Year Built

Overview

Investment Opportunity in Ouray Co. , This 5352 sqft Apartment Complex has 6 Units. There are (3) 2 Bdrm/1Ba units that are approx. 960 sqft each, (1) 2 Bdrm/1Ba approx. 1200 sqft. & (2) 1 Bdrm/1Ba units that are approx. 600 sqft ea. Zoned R2 Residential High Density which allows for Short or Long Term Rentals. Ouray Colorado is known as the Little Switzerland of America and is a popular destination for outdoor enthusiast. The community is centrally located in Southwestern Colorado within close proximity to every outdoor activity you can imagine. Enjoy skiing or snowboarding in world renowned ski resorts in both Telluride and Durango in the winter and take advantage of the many festivals offered throughout the summer including, Film, Wine, Yoga, Blue Grass, Blues & Brews and many others in nearby Telluride. Ouray, is known as the Little Switzerland of America, soak in the Hot Springs while looking up at the mountains. Walk out the door of this complex and hike to waterfalls. Fly fishing, boating, kayaking, paddle boarding, hiking, mountain biking and off-roading are literally minutes away. While playing in the mountains, stop by one of the many local breweries or eateries the area has to offer. The area is growing and experiencing housing shortages. This is the perfect time to invest and with a little TLC make this complex an income producing property.

New Home Sales Hours

Courtesy Of United Country Sneffels Realty
Source: CREN MLS

View On CREN MLS

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement?
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 5,352
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $242.90
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Electric Water Heater
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions
    • Flooring Carpet,Linoleum
    • Furnished Unfurnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 6
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 9
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property N
    • Levels Two
    • Stories
    • Structure Type
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials
    • Foundation Details
    • Roof Tar/Gravel,Metal
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing Fenced
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.16
    • Lot Size Dimensions
    • Lot Size SqFt
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    • Parking Features
    • Total Parking Spaces
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces
    • Total Reserved Spaces
    • Total RV Spaces
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating Electric
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer
    • Sewer Fee
    • Sewer Tap Paid YN N
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $
    1st HOA
    • HOA
    • Type
    • Fee $0.00
    • Phone
    • Total Annual Fee $
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants?

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
      Commission Information
      • Buyer Agency Compensation
      • Transaction Broker Compensation
      • Compensation Offered
      • Dual Variable Compensation
      • Commission Modified
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $3,560
      • Legal Description SUBD: CITY OF OURAY LOT:17 BLOCK:17 SUBD: CITY OF OURAY LOT:18 BLOCK:17 S:31 T:44 R:7
      • Tax Exemptions
      • Tax ID 451531205009
      • Tax Year 2021
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name
      • Development Name
      • Park Name
      • Senior Community
      • Subdivision None
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent Hwy 550 South to Ouray which turns into Main St. , Take a Lt (East) on 8th Ave, Rt on 4th St, Property is on the Rt.
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use Residential,Commercial
      • Incorporated?
      • Zoning Commercial,Mixed-Use,Residential Single Family
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership
      • Possession
      • Special Listing Conditions
      • Year Built 1972

      Mortgage Calculator

      School Zone

      District:
      Schools: Ouray K-6 Elementary School, Ouray 9-12 High School, Ouray 7-8 Middle School

      Area Map

      Walk Score

      Bike Score

      Bike Score

      0 description
      Transit Score

      Transit Score

      0 description summary
      Walk Score

      Walk Score

      0 description
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