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Chery&Co. Real Estate

frontdesk@cherylchandler.com +1(970) 625-4441

Listed by Epique Realty

$ 849,000

Est. payment | -/mo

4 Beds

4 Baths

2,880 SqFt

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$ 849,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

2,880 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $294

MLS Listing ID 193378

Bedrooms 4

Full Baths 2

Three Quarter Bath 2

Year Built 1980

Annual Tax Amount $5,269

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Residential Income

Source Aspen Glenwood MLS

Property Description

Three dwellings, RV storage, and multiple outbuildings make this property an ideal base of operations for a small business with employee housing, subject to approval by Garfield County. The improvements include a 960 SF front house (or office/admin building) with 2 bedrooms and 1 bathroom, a 1 bedroom, 2 bathroom main house, and a 1 bedroom, 1 bathroom apartment. Each unit has its own patio or deck area, totaling over 1,300 SF. There is plenty of parking, and outbuildings include a large metal barn, log storage building, metal shelter, and a well pump shed with additional storage. The property is surrounded on three sides by over 100 acres that is currently leased by Western Slope Materials. WSM anticipates that they will discontinue aggregate mining in 3 to 5 years and a reclamation plan is in place for how the surrounding land will be beautifully restored. This location is very convenient to I-70, Silt, Rifle and all the valley has to offer. For ease of showings and sale, two of the rentals have been vacated and the third unit is month-to-month. Gross rental income was recently $6,450/mo, over 9% cap-rate potential, and a buyer may wish to capitalize on other untapped rental potential. This is an incredible investment opportunity. Call today for a private tour! Buyer to conduct all necessary due diligence to verify desired uses, rental potential and any required permitting with government agencies.

Location

State CO

County Garfield

Area Silt

Zoning Rural Residential

Direction I-70 to Silt (exit 97); South on Ninth Street; left (East) on River Frontage Road; right (South) on County Road 311; right (West) on County Road 331; Go straight at stop sign onto County Road 346; Arrive at property on the right (North) side of road.

Interior

Heating Other, Wood Stove

Cooling None

Fireplaces Number 3

Fireplaces Type Gas, Wood Burning

Fireplace Yes

Exterior

Parking Features RV Access/Parking

Utilities Available Propane

Roof Type Metal

Garage No

Building

Foundation Slab

Sewer Septic

Water Well - Household

Architectural Style Ranch

New Construction No

Others

Tax ID 217909300328

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

Virtual Tour https://my.matterport.com/show/?m=AnbHqkz2qQR&mls=1

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 625-4441

frontdesk@cherylchandler.com

120 W 5th St, Rifle, Colorado, 81650, United States

6301 County Road 346 Silt, CO 81652

Chery&Co. Real Estate

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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6301 County Road 346