723 S 2ndOut Of Area COMLS Number 35438

  • Price: $509,000
  • Est. Mortgage of $/month
  • 156 Days on Market
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 8Bedrooms
  • 16Bathroom
  • 6,000Square Feet
  • 0.3Acreage

Driving Directions

Call for more information on this 8-plex, which is located adjacent to the athletic fields at Olathe High School and Middle School. The units are all uniformly configured, with four units up and four units down. Oversized paved parking. This has been a great investment property for the owners, who are getting to the point in their lives where they no longer want to havea rental! They've always had one tenant act as a type of property manager in exchange for rent, so currently there are eight fully rented units, but seven incomes at $550 per month. The location could not be much better-allowing easy access to highway 50, so that you can head north to Delta and Grand Junction or south toward Montrose, Ouray, Ridgway and Telluride.

More Info


  • Address723 S 2nd
  • VillageOlathe
  • TownOut Of Area
  • CountyOut Of Area
  • StateCO
  • SubdivisionOlathe
  • StreetS 2nd
  • Building Number723


  • Approximate Age38
  • Year Built1980


  • Bedrooms8
  • Bathroom16
  • Full Baths8
  • Half Baths8
  • Square Feet6,000
  • Partial Baths8


  • List Price$509,000
  • MLS Number35438
  • Virtual TourClick Here
  • Property TypeResidential
  • Parking DescriptionOn Street
  • Acreage0.3


  • Sq Ft SourceOwner
  • Annual Tax$1,740
  • RestrictionsNone
  • Tax Year2016
  • View Count1
Listed by Todd Schroedel of United Country Sneffels Realty

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Telluride Real Estate Corp.
Office: 970-728-3111
232 W. Colorado Ave.
PO Box 1739
Telluride, CO 81435

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