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858 Reese Street

Silverton, CO 81433
  • $975,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 824011
$975,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $195
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1911
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Stellar Mountain Properties Ltd.: 970-903-4132.


Description

This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, ample bonus and storage space, individual furnaces, and private laundry areas. A fourth unit is currently under renovation, offering value-add potential. Additionally, there's a spacious ~1,000 sq ft garage that could be converted into a fifth apartment unit, further increasing rental income. Enjoy incredible solar gain throughout the building"one unit even boasts a multi-level solarium, perfect for use as a greenhouse or sunroom. Situated on a large corner lot, the property provides ample space for future development. The current zoning allows for an Accessory Dwelling Unit (ADU) by right. Seller financing is available"bring all offers!

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-06-13T23:56:40.24.
www.michellebrownhomes.com/homes/163772572
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858 Reese Street Silverton, CO 81433

  • Price: $975,000
  • Status: Active
  • On Site: 31 Days
  • MLS #: 824011
0
Beds
4
Baths
0
½ Baths
0.17
Acres
5,000
SQFT
$195
$/SQFT
1911
Built
Neighborhood:
None
County:
San Juan
Area:
Silverton
Elementary School:
Silverton K-5
Middle School:
Silverton 6-8
High School:
Silverton 9-12
Property Description
This fourplex near downtown Silverton presents an exceptional investment opportunity with strong income potential and room for expansion. The property features three charming, turnkey 1BR/1BA units, each thoughtfully designed with custom built-ins, hand-plastered walls, solid wood finishes, ample bonus and storage space, individual furnaces, and private laundry areas. A fourth unit is currently under renovation, offering value-add potential. Additionally, there's a spacious ~1,000 sq ft garage that could be converted into a fifth apartment unit, further increasing rental income. Enjoy incredible solar gain throughout the building"one unit even boasts a multi-level solarium, perfect for use as a greenhouse or sunroom. Situated on a large corner lot, the property provides ample space for future development. The current zoning allows for an Accessory Dwelling Unit (ADU) by right. Seller financing is available"bring all offers!
Exterior Features

Carport No Garage Yes Garage Type Attached Garage Lot Dimension 75' x 100' Property Attached No Roof Metal Water Well No Waterfront YN No

Interior Features

One Quarter Baths 0 Total Office Dens 0

Property Features

Covenants NO Green Certification No Hoa No Horse Setup No Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2024 Total Electric Meters 1 Total Gas Meters 4 Total Taxes 1315 Total Water Meters 1 Type Fourplex Water Rights No

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Michelle Brown Homes | Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-06-13T23:56:40.24.
 
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Michelle Brown Homes | Blackmore Group
2901 Main Avenue
Durango CO, 81301
Listing courtesy of Stellar Mountain Properties Ltd.: 970-903-4132.