Great development project for rental property!A local or an Investor may own the lots and build a duplex for future rental income. Each unit can be up to 2100 sq. ft. living space. The occupants will need to qualify under the SMRHA deed restriction guidelines. These are the least expensive lots to develop on the market within a 40 minute drive to Telluride. Water and Sewer tap fees already paid for both lots, a $74K total value! Low traffic, nice views, flat building site. Each lot 1/2 of duplex building. Lot 320A is 2928 sf and Lot 320B is 2536 sf. Combined property is 5464 sf. Covenants. Owner is a licensed real estate broker.
Listed by John Wesson of TELLURIDE REALTY
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Basic Information
Date Listed01/18/2021
DisclosuresCovenants, Deed Restricted, No Dogs, RETT, Seller is Agent
List Price$235,000
List Price Per Acre$235,000
MLS Number39105
Property TypeLand
Square Feet5,464
StatusACT
Tax Year2020
Taxes$1,798
TypeMulti-Family
Amenities
HOA Dues$114
Legal
Deed RestrictPublic (HA)
LegalLOTS 320A&B THE WOODS AT LAWSON HILL LOT 320 LAWSON HILL PHASE 5 SUBDIVISION CC TO PLAT BK 1 PG 2194 REC JAN 29 1997
Payment PerQuarterly
ZoningResidential
Location
AccessPrivate
Access RoadPaved
AreaLawson to Two Rivers-13 (Major Area 10)
CountySan Miguel County
DirectionsAt top of Society Drive turn right, down the hill around to cul de sac
Major Area10
Special LocationBorders Nat'l Forest, Cul-De-Sac, Near Park, Open Space
