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Listed price in listed location currency (USD).
$1,500,000

340
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage No
HOA Fees 
Taxes $9,207
Days Active 323
Approx. Age 2024
MLS® Number 819793

Property Address: condo-d-185 N Lena Street, Ridgway, CO, 81432

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

Description

Deed Restricted Workforce CONDO "D" consists of 4 new work force condo units. There are 4 individual deed restricted condos. 3 are 1 bedroom/1 full bath and one is a studio with a full bath. They come complete with oven/range, refrigerator, dishwasher, washer and dryer. Each unit has a storage and a carport. There is elevator to access these units. Centrally located in the core of Town and within walking distance to most amenities. These units have approx 17 years remaining of a Deed Restriction then they become "Free Market" units. Currently yielding over 5% on the full asking price with rents set well below the maximum allowed. The ONLY deed restriction is income based and that is set at 140% of AMI (Area Median Income).
MLS® Number819793
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2024
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 1:Main FloorNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 6, 2024List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
185 N Lena Street, Ridgway, CO

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