Montrose, CO 81401,TBD Margo Court

$350,000

Est. payment /mo

$350,000

Est.Price: ?

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TBD Margo Court Montrose, CO 81401

3.61 Acres Lot

SOLD DATE : 02/19/2024

Key Details

Sold Price $350,000

Property Type Vacant Land

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Montrose City

MLS Listing ID 799094

Sold Date 02/19/24

Annual Tax Amount $3,420

Tax Year 2022

Lot Size 3.610 Acres

Acres 3.61

Property Description

3.6 acres of Multi-Family Development property. Perfect location for all things Montrose! Close to Schools, Golf Courses, Hospitals, Downtown! Parcel is cleared with an access road off of Margo Court. The present developers have generated the following documents-reports which are available to interested Buyers (also see Associated Documents): An existing recorded plat exists which accommodates 24 units within 4 separate buildings including recorded Covenants. Another “preliminary” plat designed by the Sellers which accommodates 20 units within 10 separate buildings including recorded CC&Rs and the party wall agreement for the individual buildings as well as the HOA & Bylaws documents . Soils report by Geotechnical Engineering Risk assessment report by Walter Engineering All utilities are near. Owners will consider an OWC with a qualified Buyer and the right Offer. Great Investment Opportunity!

Location

State CO

County Montrose

Zoning Residential Multi Family

Rooms

Family Room Yes

Dining Room No

Exterior

Utilities Available Electricity Near, Natural Gas Near

Waterfront No

Building

Water Public

Schools

Elementary Schools Johnson K-5

Middle Schools Centennial 6-8

High Schools Montrose 9-12

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Colorado Real Estate Network (CREN) + Sold
Listed by Prestige Real Estate

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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