Listing courtesy of Steffens And Company Realty, Inc.
The Fantastic Organic Peddler Rentals are located in Del Norte, Colorado DEEDED ACREAGE: .47 Acres +/- Almost 3 full lots IMPROVEMENTS: Currently there are a total of 4 great rental units on the property with a historic small log cabin that provides a lot of possibilities. 1. 648 sq. ft. Cozy 1 Bedroom Casita includes a living room, bath, and kitchen. 2. 920 sq. ft. Log cabin has an open floor plan with one bedroom, bath, and kitchen. 3. 2240 sq. ft. Building has been remodeled into 2 separate rental units: **The beautiful Cordwood unit is 861 sq. ft. with one bedroom, bath, living room, gourmet kitchen, gas fireplace, and fabulous attached courtyard. **The Historical adobe 1556 sq. ft. home has 3 bedrooms, one bath, full kitchen, living room, and nice front yard. 4. 168 sq. ft. historic log cabin that can be remodeled into an additional rental unit. NOTE: THIS PROPERTY IS USUALLY RENTED OUT TO DOCTORS/NURSES WORKING AT THE RIO GRAND HOSPITAL, WHICH IS LESS THAN 3 BLOCKS AWAY. INCOME: Current income is $4400 per month which is an 8% recap rate. UTILITIES: All Rental are on Natural Gas and electric. Cell phones work great. TOPOGRAPHY: Property is flat and sits at the base of the gorgeous San Juan Mountain Range. The views are panoramic in all directions providing a peaceful atmosphere. ACCESS: Year-round off U.S. Hwy 160. ZONING: Residential/Commercial
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