Historic Cortez Property | STR Potential | 4 Bed / 2 Bath |
Located just two blocks from Main Street in Cortez, Colorado, this 4-bedroom, 2-bath home offers an attractive opportunity for investors looking for a long-term rental, short-term rental (subject to Town of Cortez guidelines), or a live-in renovation with future appreciation potential.
At 1,910 square feet and priced at approximately $165 per square foot, the property combines historic character with major capital improvements already completed. Most windows and exterior doors were replaced in 2024, the interior and exterior have been freshly painted, and the home features central A/C, forced-air natural gas heat, a tankless on-demand water heater, and a smart thermostat.
Original oak hardwood floors have been professionally refinished, while the kitchen retains its original farmhouse sink and the home includes additional flexible living space with a sunroom and dedicated office. These features create appeal for both owner-occupants and tenants.
Outside, the oversized corner lot offers mature landscaping, sprinkler system, RV access, dog pen, established fruit-bearing plants, and a rare 100-year-old rose bush. The location places tenants or guests within walking distance of downtown restaurants, shopping, parks, and local events.
Investment Highlights
- 4 Bedrooms | 2 Bathrooms
- 1,910 SF
- Approx. $165/SF
- Short-term rental potential (buyer to verify local regulations)
- Numerous recent mechanical and cosmetic updates
- Walking distance to downtown Cortez
- Large corner lot with RV access
- Historic character with modern improvements
- Strong candidate for long-term rental, furnished rental, or owner-occupant investment
Southwest Colorado continues to attract visitors for Mesa Verde National Park, Phil's World mountain biking, hiking, hunting, skiing, and easy access to Durango, Telluride, and Moab, creating demand for both long-term housing and vacation accommodations.