This Residential Multi-Family site is zone R-12 which could potentially allow for up to 54 residential units. The property itself is 4.52 acres and is ideally located behind Sears and the Centerpoint Church; close to shopping, restaurants, churches, and the hospital. The mountain views are tremendous. Original developer invested approximately 1.5 million dollars into the land and infrastructure. Currently utilities are in to the site, including a 4" water meter hookup, and water and sewer lines for the first 38 units. $23.50 per month for one tap and $10.00 per month for sewer availability. This property is currently bank owned and the price has been slashed in half from the last time on the market in 2011.

  • MLS# 716366
  • Sub-Type Resale
  • Status Active
  • Days On Site 960
Zoning Residential Multi Family
Acreage 4.52
Property View Yes
Listing Provided By:
Leland Riley  of  Jann C Pitcher Real Estate
 
 
 
 
 
 
 
this listing $350,000
139.73%
$146,000 in 81147
this listing 960 on site
247.20%
276.5 on site in 81147

Location

State CO
County Archuleta
City Pagosa Springs
Zip Code 81147
Area PS02 (Central - Township 5699)

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