New
  • $300,000

    125 N Madison, Cortez, CO 81321

    4beds
    1,872sqft
    : 
    Duplex
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $160/sqft
    $-- HOA

    What's special

    Small private courtyardLarge graveled parking areaConvenient alley accessConvenient grilling area
    DUPLEX, Opportunity knocks with income property in Cortez. Two units with each containing 2-Bedrooms, 2-baths (duplex) in the heart of Cortez located 2 properties off of Montezuma Ave. Each unit has a small private courtyard as well as convenient grilling area. Large graveled parking area on the west side of duplex unit with convenient alley access. Gross monthly income of $1,900 a month with the tenants paying electricity and natural gas. Monthly expenses to the owner are water & trash $115-125; Sewer, $100. Insurance $86; Taxes $75. Very conveniently located centrally in town with the Recreation Center, Supermarkets, Library and 3 City parks within blocks of this location. Excellent rental income history with long term tenants. This could be an income opportunity and/or live in one unit and collect rental income on the other unit. Its a win win situation!!
    17 hours
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    225
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    20
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