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Colin Whitenack

[email protected] +1(303) 912-5394

$ 725,000

Est. payment -/mo

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Active Under Contract

307 N Colorado AVE Buena Vista, CO 81211

4 Beds

1 Bath

1,560 SqFt

UPDATED:

11/04/2024 06:40 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $464

Subdivision Ne Buena Vista

MLS Listing ID 3469099

Style Traditional

Bedrooms 4

Full Baths 1

HOA Y/N No

Originating Board recolorado

Year Built 1950

Annual Tax Amount $2,037

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Updated Information and PRICE REDUCED for a fantastic DOWNTOWN BUENA VISTA locale with add-value opportunities. Live, lease, or develop. This property works well for personal use or for investors. This 1,560 square foot move-in ready home, on TWO lots, has 4 bedrooms and 1 full bath on the main level with an additional 5th room on the upper level. Smaller bedrooms create privacy and a good living space for a few people. Everything is in good working condition, the home has been appropriately updated. Hardwood floors, quality windows and doors. The yard, garden, deck, and patio flow into the kitchen, great for entertaining. The property is zoned (MIXED USE) MU 2 and covers 6,500 square feet (Buyer to verify zoning, use, and square footage with town of BV). Most of the property is undeveloped.
This offering is unique. There are no covenants, HOA, or deed restrictions. You might keep the property as the quaint residential oasis, maybe add a garage or bathroom and build a huge garden. There is an original portion of the home, a 1950 addition, and a 2nd story added in 1994. The expansive backyard and privacy fencing creates a quiet and tranquil setting. Good views of Midland Mtn and Mt Princeton. The front porch is great. It's an ideal live/work locale. Ditch the car if you want. You might expand the residential square footage or introduce commercial components. The mixed use zoning has a wide range of permitted uses by right (see supplementals), maybe adjust the lot line and subdivide (verify with town of BV). Ever want to operate a retail store in your backyard? How about a commercial greenhouse? B & B or short term rentals? A small restaurant? Multi-story development? You can do that here.
The downtown area is experiencing explosive growth along north Colorado Avenue. Walk or bike to everything. The flexibility, location, and potential use of this property is a rare find in today's market. AND, seller says bring all offers !

Location

State CO

County Chaffee

Rooms

Basement Crawl Space

Main Level Bedrooms 4

Interior

Heating Forced Air

Cooling None

Fireplace N

Appliance Cooktop, Dryer, Oven, Range, Refrigerator, Washer

Exterior

Exterior Feature Garden, Private Yard

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

View City, Mountain(s), Valley

Roof Type Architecural Shingle

Garage No

Building

Lot Description Corner Lot, Level

Story Two

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Avery Parsons

Middle Schools Buena Vista

High Schools Buena Vista

School District Buena Vista R-31

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Listed by COLORADO PROPERTY BROKERS • [email protected]

Colin Whitenack

+1(303) 912-5394

Colin Whitenack

307 N Colorado AVE Buena Vista, CO 81211

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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307 N Colorado AVE