Ouray Colorado Condo For Sale

Ouray Colorado Condo For Sale

Contact Alan Brown Coldwell Banker Bailey & Co Real Estate 970-209-8436

This Condo in Ouray Colorado is located in the heart of the downtown area within walking distance to most things including the Hot Springs Pool This unit is in great condition, it is 2 story with 405 sq ft on each floor for a total of 810 sq ft. There is a full bath on the main floor with the 2 bedrooms and 1 bath on the 2nd floor. There is a deck off one of the bedrooms upstairs. There are 2 heat sources in this unit, mainly it has electric baseboard heat with a propane gas fireplace in the living room.

There are a total of 16 units in this complex. Most of them are used for short term rentals on a weekly or nightly basis. Rental rates vary by season, to give you an idea of the income that can be generated from owning this condo, weekly rates are around $800/week or $150/night. On average other units are rented out for 75/100 days a year. As of the time of this blog the asking price on this unit is $179,500 Ouary Colorado is located at the foot of the San Juan Mountain range and about 45 minute drive from the Telluride ski area. Ouray is called the "Little Switzerland of America" for its spectacular views of the snow covered mountains. Ouray started life in the 1800's as a mining town and still has some active mines in the region. Check out this web site for photos and videos of Ouray and the surrounding area.

If you would like more information on this Condo or you would like to see it contact me Alan Brown 970-209-8436 alanbrownrealtor@gmail.com

PRICED REDUCED FEB 25 NOW $179,900