951 N Hwy 149 Highway

Lake City, CO 81235

About this property

Situated on 1.40+/- acres with incredible mountain and river views, The BroadAxe Bungalows is a multifamily residential property that is partially under construction. The building offers over 6,361+/- sq. ft. and currently houses the Western Reflections Publishing Company in addition to a renovated residence completed in 2015, detached studio style apartment and interior storage rental units. The completed residence offers 2 bedrooms, 2 baths, open kitchen/dining/living area, hardwood floors, stainless steel appliances, Rinnai heater and plenty of windows to enjoy the southern views. Finished residence is currently in the seasonal vacation rental market. Currently under construction are two additional residences. Prime highway frontage and zoning allows for multiple commercial and residential uses. Great passive income potential in a beautiful year round mountain community.

Date Added
June 11, 2019
Listing Status
Active
Days On Site
186
MLS#
758841

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
1966
Garage
0
Pool
No
Story(s)
Property View
Yes
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$595,000 Active
0 Beds
0 Baths
6,361 SQFT

Presented By Coldwell Banker Distinctive Properties, Montrose

Get in touch today! Phone: (970) 249-2449
Brokerage
Montrose
(970) 249-2449
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Area Information

Lake City | Hinsdale County |

$ 595,000
This listing is play_arrow 205.1% higher than the average in the area
$ 195,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
186 days on site
This listing is play_arrow 83.7% below the average in the area
1,139 days on site in the area

Schools in the Area

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