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).