Link Copied
Listed price in listed location currency (USD).
$300,000

040

MLS® 830325

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1872 sqft
Garage No
Taxes $885
Days Active 1
Lot Size 0.15 acres
Approx. Age 1992
Avg. Price Per Sqft $160
MLS® Number 830325

Property Address: 125 N Madison St, Cortez, CO, 81321-3351

Average square foot calculated using Size range provided by listing agent.

Description

DUPLEX, Opportunity knocks with income property in Cortez. Two units with each containing 2-Bedrooms, 2-baths (duplex) in the heart of Cortez located 2 properties off of Montezuma Ave. Each unit has a small private courtyard as well as convenient grilling area. Large graveled parking area on the west side of duplex unit with convenient alley access. Gross monthly income of $1, 900 a month with the tenants paying electricity and natural gas. Monthly expenses to the owner are water & trash $115-125; Sewer, $100. Insurance $86; Taxes $75. Very conveniently located centrally in town with the Recreation Center, Supermarkets, Library and 3 City parks within blocks of this location. Excellent rental income history with long term tenants. This could be an income opportunity and/or live in one unit and collect rental income on the other unit. Its a win win situation!!
MLS® Number830325
Laundry Level
Central VacNo
FireplaceNo
Acreage0.15
Exterior
GarageNo
Approx. Age1992
BasementConcrete
DrivewayRear Side Off Street, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 9, 2025List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
125 N Madison St, Cortez, CO

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties