$254,900

574 S 5th Street

Pagosa Springs CO, 81147

Description

Awesome opportunity for a developer to take over a 8-unit condominium development for less than 40 cents on dollar. The prior owner had invested more than $650K for this condominium project. Foundation as well as 8 water and sewer taps are completed and ready to go. Development and architectural plans (approved by town authorities) from previous owner, are available upon request. Property is zoned for single family, duplex, multi-family, patio homes, apartments, condos, townhomes and a nursing home. This property is ideally located near downtown Pagosa Springs and is only 50 yards away from the beautiful San Juan River and River Walk. Owner financing possible. For more details, call.

Details

MLS#771182
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site53

Features

ZoningResidential Multi Family
Acreage0.51
Property ViewYes

Market Activity 81147

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Area Information
StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS01 (Old Pagosa Springs)
Listing VS Median (in 81147)
Price:
$254,900
low | high
Med:
$227,000
60.945468811299% of Average
On Site:
53
low | high
Med:
161.5
32.8173374613% of Average
Listing Updated: 08/14/2020
Leland Riley LogoMLS Number: 771182
Listing Provided By:
Leland Riley  of  Jann C Pitcher Real Estate

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