145 S madison Street, Cortez, CO 81321
F R Coffins Addition · Montezuma County
Key Facts
Description
Great investment property with two homes giving a wise investor strong rental income. Very close to shopping and parks giving tenants great access to all Cortez has to offer. With the consistent rental demand that we see here in Cortez, this is an incredible opportunity to own a cash-flowing asset in a strong market.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1923
Living Area
2,489 sq ft
Lot Size
0.16 acres
MLS® Listing#
823954
Property Features
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Kemper K-5
- Middle:
- Cortez 6-8
- High:
- Montezuma-Cortez 9-12
Financial Details
Annual Taxes
$1,003
Tax year 2024
Parcel Number
561126406006
Directions
Turn south onto Madison Street. The property will be on the right(West).
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cortez, CO
- $394,000
- Median Listing Price
- 75
- Median Days on Market
- 1,824
- Median Sq Ft
- $236
- Median Price / Sq Ft
- 121
- Active Listings
- This home’s price is 24% below the area median.
- Its price per sq ft is 49% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cortez, CO.
Location
Points of Interest in Cortez, CO
Showing the Cortez area map.
Nearby Schools
Manaugh Elementary School
Elementary · 0.2 mi away
Kemper Elementary School
Elementary · 0.4 mi away
Montzemuna Cortez High School
Secondary · 0.5 mi away
Beech Street Preschool
School · 0.5 mi away
Montezuma-Cortez School District Re-1
School · 0.6 mi away
Cortez Middle School
Secondary · 0.6 mi away
Children's Kiva Montessori School
Elementary · 0.7 mi away
Cortez Adventist Christian School
School · 0.7 mi away
Mesa Elementary School
Elementary · 0.9 mi away
Mesa View Head Start
School · 0.9 mi away
Montezuma-Cortez High School
Secondary · 1.0 mi away
Southwest Open School
Secondary · 1.5 mi away
High Desert Early Head Start
School · 1.6 mi away
Lighthouse Christian Academy
School · 2.7 mi away
Lewis-Arriola Elementary School
Elementary · 9.6 mi away
Dolores High School
Secondary · 10.1 mi away
Dolores Elementary School
Elementary · 10.1 mi away
Battle Rock Charter School
Elementary · 14.3 mi away
Mancos Middle School
Secondary · 15.8 mi away
Mancos School District
Secondary · 15.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 501 E 2nd Street, Cortez, CO | $215,000 | 5 | 2 | 1,933 |
| 610 N Texas Street, Cortez, CO | $360,000 | 5 | 3 | 2,250 |
Moving Cost Estimate
EXIT Agents in Cortez
Listing Courtesy: Xtrov - C: 970-560-2596
FULL CREN Disclaimer
Real Estate listings held by companies other than Xtrov contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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