525 2nd Street Ouray, CO ^$ 2,800,000

525 2nd Street

^$ 2,800,000

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525 2nd Street

Ouray, CO, 81427

^$ 2,800,000

Bedrooms16 Baths15.0 Sq 7,276

Monthly Estimate*

^$ 19,559

Listed by NextHome Summit Group

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Multi-Family Home for sale in Ouray, CO

for $2,800,000 with 16 bedrooms and 15 full baths. This 7,276 square foot home was built in 1994.

Wonderful and Popular Bed & Breakfast located in Ouray, the San Juan Mountain's Switzerland of America. Over 7,200 Square Feet, 13 guest rooms, each with en-suite, 8 fireplaces, lots of private and common outside space- covered front porch, 2 story back deck and private decks and patios. New roof, new water heaters, hot tub, lots of parking and excellent reviews! The Inn has been operating since being built as a B&B in 1994. Being built in the Victorian style as a B&B offers guests unparalleled amenities as other B&Bs, spacious rooms with large bathrooms, fireplaces, lots of windows with mountain views, and outside space! Plenty of parking for all guests. the owner has exclusive and private living space on the ground floor with an attached one car garage and driveway. There is also a 1 bedroom apartment that could be remodeled into the owner's living space, rented long term or as a 13th guest room. 1 block from Main Street creates an ideal location for walking to all the town sites. Everyone loves staying here! The current innkeeper is working part-time and can stay on bull time for summer if the Buyer would like. She makes amazing breakfasts! Please call the listing agent with any additional questions.

Multi-Family Pending

Price

^$ 2,800,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 13,758

Style

Victorian

Year Built

1994

Town/City

Ouray

County/Region

Ouray

MLS | Web ID

2169738

Features

General

Sewer Public Sewer

Heating Baseboard Hot Water

Cooling Air Conditioning-Room

Roof Composition

Appliances Convection Oven Cooktop Dishwasher Disposal Dryer Freezer Microwave Oven Range Range Hood Refrigerator Self Cleaning Oven Washer

Exterior Features Balcony Garden Lighting Private Yard Rain Gutters Spa/Hot Tub

Zoning 4

Garage Spaces 2

Patio/Porch Features Covered Deck Front Porch Patio

Architectural Style Victorian

Security Features Carbon Monoxide Detector(s) Smart Cameras Smart Locks Smoke Detector(s) Video Doorbell

Construction Materials Frame

Exclusions None

Year Built 1994

Levels Three Or More

Property SubType Triplex

Tax Year 2022

Percent Ownership Individual

Gross Income 482000

County Ouray

Operating Expense 157000

Property Type Residential Income

HOA / Comm Assn N

Attached Garage Y

Contingency None Known

Subdivision Name Business Residential District

Status Pending

High School Ouray

City Ouray

Buyer Agent Compensation 2.5

Senior Community Y/N N

High School District Ouray R-1

Carport Spaces 0

Street Name 2nd

Listing Terms 1031 Exchange Cash Conventional

Elementary School Ouray

Tax Annual Amount 13758

Middle/Junior High School Ouray

Property Condition Updated/Remodeled

Structure Type Triplex

Standard Status Pending

Middle/Junior School District Ouray R-1

Elementary School District Ouray R-1

Cap Rate 9

Buyer Agent Compensation Type %

Interior

Total Fireplaces 8

Fireplace Features Gas

Common Walls No Common Walls

Basement (Y/N) N

Above Grade Finished Area 7276

Street Suffix Street

Laundry Features Multiple Locations

Total Bedrooms 16

Total Baths 15

Exterior

Lot Features Sloped

Total Parking 17

Foundation Details Concrete Perimeter Slab

Building Area Total 7276

Internal Only

Street Number 1 525

* Excluded Features

List By

Nexthome Summit Group

Broker

(720) 650-8441

Phone

Affordability Calculator

$20,705

Per Month

Monthly Principal & Interest: $19,559
Monthly Property Taxes: $1,147
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ouray, CO

Average List Price ^$2,800,000

Percent of Sale Price 0%

About Ouray, CO

970 Population

33% Since 2002

^$62,896 Median Income

49.57 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4566163 Elementary School

4566164 Middle School

Ouray High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/16/2024	$2,800,000	-3.45%	Price Down
2/8/2024	$2,900,000		Listed Price

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525 2nd Street, Ouray, CO, 81427 is a Multi-Family Home for sale at $2,800,000 with 7,276 sqft. 525 2nd Street has 16 bedrooms, 15.0 baths, and was built in 1994. The property's zip code is 81427 which is in Ouray, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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525 2nd Street

Multi-Family Home for sale in Ouray, CO

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