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    45 E Montezuma Avenue

    Cortez, CO 81323
    • $749,000
    • STATUS: Active
    • ON SITE: 138 Days
    • MLS #: 783016
    UPDATED: 55 min ago
    $749,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,848
      SQFT
    • $263
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Regents Real Estate Group Inc..


    Description

    If you love history and potential income this is the property for you! Located in the heart of Cortez on historic Montezuma Ave, there are two parcels with the Main House, the Rock Cottage and a two-story Apartment building. On one parcel (45 E Montezuma) you will find a 1,218 sq ft 1 bed 1 bath bungalow style residence that is currently being used as a Salon (can easily be turned back into a 2 bedroom), and a 748 sq ft 1 bed 1 bath cottage. Both were originally constructed in early 1900's of solid masonry/ornamental concrete block. The Rock Cottage was repurposed from nearby original two-story school building. The main home has hardwood floors, gypsum plaster walls have natural mineral pigment and big windows to view the beautiful mature landscaping. The second parcel (37 E Montezuma) has a two-story apartment building, with separate 1 bed 1 bath apartments: one on top and one on bottom. The apartments, also built in early 1900's, are recently remodeled and modernized. All buildings have been remodeled between 2012-2021 including New Sewer, Electric, In Ground Sprinkler System just to name a few. Both parcels are designated to the City Register of Historic Structures, Sites and Districts as an individual structure having a special historical and architectural value, and are also eligible to be listed on National Register of Historic Places should you desire. A great place for a business, residence, long term rentals and VRBO/Airbnb the possibilities are endless. You don't want to miss the best Investment opportunity in Cortez - schedule a showing today!

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-10-25T21:56:23.017.
    www.homesforsaledurango.com/homes/118030348
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    45 E Montezuma Avenue Cortez, CO 81323

    • Price: $749,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 783016
    0
    Beds
    4
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,848
    SQFT
    $263
    $/SQFT
    1928
    Built
    Neighborhood:
    Cortez Original
    County:
    Montezuma
    Area:
    Cortez
    Elementary School:
    Kemper K-5
    Middle School:
    Cortez 6-8
    High School:
    Montezuma-Cortez 9-12
    Property Description
    If you love history and potential income this is the property for you! Located in the heart of Cortez on historic Montezuma Ave, there are two parcels with the Main House, the Rock Cottage and a two-story Apartment building. On one parcel (45 E Montezuma) you will find a 1,218 sq ft 1 bed 1 bath bungalow style residence that is currently being used as a Salon (can easily be turned back into a 2 bedroom), and a 748 sq ft 1 bed 1 bath cottage. Both were originally constructed in early 1900's of solid masonry/ornamental concrete block. The Rock Cottage was repurposed from nearby original two-story school building. The main home has hardwood floors, gypsum plaster walls have natural mineral pigment and big windows to view the beautiful mature landscaping. The second parcel (37 E Montezuma) has a two-story apartment building, with separate 1 bed 1 bath apartments: one on top and one on bottom. The apartments, also built in early 1900's, are recently remodeled and modernized. All buildings have been remodeled between 2012-2021 including New Sewer, Electric, In Ground Sprinkler System just to name a few. Both parcels are designated to the City Register of Historic Structures, Sites and Districts as an individual structure having a special historical and architectural value, and are also eligible to be listed on National Register of Historic Places should you desire. A great place for a business, residence, long term rentals and VRBO/Airbnb the possibilities are endless. You don't want to miss the best Investment opportunity in Cortez - schedule a showing today!
    Exterior Features

    Acreage Range Less Than 1/2 Carport No Garage No Parking Off StreetOn StreetPaved Parking Spaces 2 Property Attached No Property Description Corner Roof Metal Siding BrickStucco Stories One StoryTwo Story Street Description City/TownPaved Style Other Water Well No Waterfront YN No

    Interior Features

    Appliance Inclusions OtherRange/OvenRefrigerator Cooling Forced Air Dining Kitchen/DiningSeparate Dining Fireplace Living Room Flooring LaminateWood Heating Fuel Source Natural GasForced AirFireplace/StoveOther Master Bedroom Level Lower LevelMain LevelUpper Level One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 1 Unit1 Square Feet 1218 Unit2 Baths 1 Unit2 Bedrooms 1 Unit2 Square Feet 748 Unit3 Baths 1 Unit3 Bedrooms 1 Unit3 Square Feet 441 Unit4 Baths 1 Unit4 Bedrooms 1 Unit4 Square Feet 441

    Property Features

    Covenants No Green Certification No Hoa No Horse Setup No Metered Metered For ElectricityMetered For GasMetered For Water Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2020 Terms 1031 ExchangeCashConventionalOther Total Electric Meters 4 Total Gas Meters 4 Total Taxes 3044 Total Water Meters 4 Type Other Unit1 Monthly Rent $1000 Unit2 Monthly Rent $1000 Unit3 Monthly Rent $900 Unit4 Monthly Rent 750 Water Rights No Water Sewer City SewerCity Water Zoning Live/WorkResidentialResidential Multi Family

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-10-25T21:56:23.017.
     
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    Berkshire Hathaway HomeServices Western Colorado Properties
    842 Main Ave
    Durango CO, 81301
    Listing courtesy of Regents Real Estate Group Inc..