A Bank-Owned Opportunity! Residential/Commercial Home for sale Less than 1 Block from the Gondola & Lift 8

A superb bank owned opportunity! The Montana Placer Inn consists of 4 brightly finished hotel rooms, a recently remodeled one bedroom apartment, a well finished two bedroom lower level apartment with a steam shower plus a well appointed caretaker apartment with separate entrance. A private office and large hot tub round out this unique opportunity to garner rental income while living in the cozy one bedroom apartment. Located only 1/2 block from the Gondola and Chair 8.

Property Information

• Original Price: $3,895,000
• Adusted Price: $2,895,000
• Special Location: Only 1/2 block from the Gondola & Lift 8. Only 1 block to Telluride's Main St.
• Lot Size: .08 acre
• Zoned: Residential/Commercial
• Square Feet: Approximately 4,389 SF of heated living space per assessor
• Beds/Baths: 7 Units consist of 8 Bedrooms, 7 & 2 half baths. The lower unit is 2 Bedrooms & all other units are 1 Bedroom
• Other Rooms: Open air covered parking; office
• Year Built: 1892. Remodel in 1999
• Exterior Finish: Stone, natural & painted wood
• Roof: Metal & shake
• Fireplaces: 4 gas fireplaces - 1 in each single bedroom suite
• Heat Type: radiant in floor
• Views: Ski Area, Ajax, Ballard & Greenback
• Electric: San Miguel Power Association
• Water: Town of Telluride
• Gas: Natural
• Sanitation: Sewer
• Extras: Guest House, Handicap Access, Hot Tub, Decks, Security System, Steam Shower,  Workshop, Office
• Property Taxes: $16,695 in 2010