This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, ample bonus and storage space, individual furnaces, and private laundry areas. A fourth unit is currently under renovation, offering value-add potential. Additionally, there's a spacious ~1,000 sq ft garage that could be converted into a fifth apartment unit, further increasing rental income. Enjoy incredible solar gain throughout the building—one unit even boasts a multi-level solarium, perfect for use as a greenhouse or sunroom. Situated on a large corner lot, the property provides ample space for future development. The current zoning allows for an Accessory Dwelling Unit (ADU) by right. Seller financing is available—bring all offers!
Active
$975,000
858 Reese Street, Silverton, CO 81433
--beds
5,000sqft
Est.:
Quadruplex
Built in 1911
-- sqft lot
$969,100 Zestimate®
$195/sqft
$-- HOA
What's special
Large corner lotCorner lotCustom built-insHand-plastered wallsPrivate laundry areasMulti-level solariumIndividual furnaces
- 88 days
- on Zillow |
- 187 |
- 8 |
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