$205,000

2132 Odelle Road

Montrose CO, 81401

Description

This is a perfect opportunity for a 'hold then build' type investor, or a builder that's ready to do a multifamily project that starts slow and builds as the units sell. Most local multi-family parcels are much larger-this is a more reasonable size. City of Montrose has given a verbal ok to 17 or 18 units-making the price per door of only 15k! The price has been lowered now substantially and it has become attractive to buyers as a single family homesite--1.75 acres in town with irrigation water--great views. Call agent for more information and to walk the property.Property has been annexed into the City of Montrose and has achieved the R-3A zoning. This is for high density single and multi-family homes. Great,easy to work with lot that is level and backs up to the irrigation canal to the back. Premier spot for an impressive single family home too! Come walk the property!

Details

MLS#669653
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site621

Features

Zoningresident
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Area Information
StateCO
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$205,000
low | high
Med:
$397,500
43.90243902439% of Average
On Site:
621
low | high
Med:
141.500000
100% of Average
Listing Updated: January 20, 2021 8:09:35 PM PST
TODD SCHROEDEL LogoMLS Number: 669653
Listing Provided By:
TODD SCHROEDEL  of  UNITED COUNTRY SNEFFELS REALTY

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