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Duplex Opportunity for Sale in Ridgway, Colorado

601 Chipeta Dr, Ridgway, Colorado, 81432-9374

Photos

* FOR SALE

$998,000

MLS: 05056-830063

2718. SqFt

6 beds

6.0 baths

What You Should Know

  • Ridgway Solar Ranches

  • Versatile duplex

  • Each unit 3 Bed / 2.5 Bath

  • Private fenced yards

  • Newer wood floors

  • New appliances

  • Mature landscaping

  • Walk to town amenities

Why You'll Love It

Exceptional Duplex Opportunity in Ridgway's Solar Ranches – Versatility & Prime Location!

Discover an outstanding property offering unparalleled options and an unbeatable location within the desirable Solar Ranches community in the Town of Ridgway. This meticulously well-built duplex presents a unique opportunity, historically serving as both a long-term residence and a reliable long-term rental investment.

Each of the two spacious units boasts three bedrooms and two and a half bathrooms, providing ample living space for families or tenants. Thoughtfully designed for privacy and comfort, each unit features its own private front entrance and a secluded, privacy-fenced backyard. Large windows throughout the duplex flood the rooms with natural sunlight, showcasing beautiful views of the surrounding landscape.

Recent upgrades enhance the appeal and functionality of both units, including stylish wood flooring that adds a touch of modern elegance and brand-new appliances in each kitchen.

This property offers incredible flexibility for prospective buyers:

  • Investment Income: Continue utilizing the duplex as a robust investment property, generating consistent rental income from both units.

  • Live & Rent: Live comfortably in one unit and rent out the other, offsetting your mortgage costs while enjoying homeownership.

  • Family Retreat: Envision a magnificent family retreat, using one side for year-round living and dedicating the other side as a welcoming vacation space for family and friends.

The exterior features mature landscaping that adds to the property's charm, including fragrant lilac trees, low-maintenance drought-tolerant gardens, and majestic aspens.

Location is truly paramount with this duplex. Enjoy the convenience of easy walking and biking distance to Ridgway's vibrant amenities, including the local park, market, array of restaurants, Post Office, schools, and various shops. Immerse yourself in the breathtaking natural beauty offered by the surrounding Cimarron and San Juan Mountains. This prime location also provides excellent access to popular regional destinations: just 45 minutes to world-renowned Telluride, 30 minutes to Montrose, and a mere 20 minutes to the charming hot springs town of Ouray.

Don't miss this rare chance to own a versatile and strategically located property in one of Colorado's most sought-after mountain towns.

Where You'll Find It

  • Street Address: 601 Chipeta Dr
  • City: Ridgway
  • State: Colorado
  • County: Ouray

Judy Darwick

Broker Associate