Opportunities like this don't come available too often. This is an income generating property in the hot water district of TorC with further potential for renovation and income. This property has 3 units, one is unfinished but being used as a single room apartment and cottage. Two of the units, the Yellow Cottage and the Green Cottage, are completely renovated with private hot mineral tubs and mini-split ac/heaters and are currently being used as hotel rooms for the beautiful Firewater Lodge. These units are each making $20,000 yearly as nightly rentals. Each unit has a private yard in a quiet neighborhood less than a block from the Rio Grande River and walkable to downtown TorC. The Yellow Cottage is a two-room unit with a living area, full kitchen, bedroom and a Jacuzzi-style hot springs tub on the patio. The Green Cottage is a freestanding house with a queen size memory foam bed and a hotplate for cooking.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
