$205,000

2132 Odelle Road

Montrose CO, 81401

Description

This Multi-Family zoned parcel, located close to the Community Recreation Center, City Market, Starbucks and other amenities 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. The views are great, and the canal is a great 'riverfront' attraction. All utilities have been put into place adjacent to the parcel, and it even has a tri-county water tap that is in place from the days the property was in the County. 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 12k! It has also become attractive to buyers as a single family homesite--1.75 acres in town with irrigation water--great views. 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-you'll see why this one is catching buyers' attention. Call agent for more information and to walk the property.

Details

MLS#757218
Sub-TypeResale
StatusActive
Days On Site136

Features

Acreage1.75
Golf CourseYes
Water FrontYes
Property ViewYes

Market Activity 81401

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Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$205,000
low | high
Med:
$247,500
29.268292682927% of Average
On Site:
136
low | high
Med:
30.5
100% of Average
Listing Updated: 09/21/2019
MLS Number: 757218
Listing Provided By:
Todd Schroedel  of  United Country Sneffels Realty



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