Residential Income, Two Story - Hotchkiss, CO
HISTORIC OLD HOTCHKISS HOTEL! Built in 1897 and has had a variety of uses since that time. Property has been extensively remodeled since 2003! Remodel has restored this property back to its original architecture for the most part. Nearly everything has been updated or replaced as necessary including plumbing and electrical, water lines, roof, windows, doors, flooring and so on. This place is a real gem! Property now consists of a restaurant, pilates studio, beauty salon, financial advisor, 2 studio apartments, 2 - 1BR apartments, 3 - 2BR apartments and one additional 1BR remodel nearing completion. Rents total over $7,200 per month currently with room for improvement. Many long term tenants both residential and commercial. Check out the video of the property!
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