McPhee Reservoir Townhome/Townhouse For Sale in Dolores $120,000

Lake Townhome/Townhouse For Sale near McPhee Reservoir

Derek Beckman, C: , derek, : Prime Multi-Family Investment Opportunity in Dolores, ColoradoDiscover a rare investment opportunity in Dolores, CO at 110 N. 15th Street, a versatile multi-family zoned property with exceptional upside potential. Located just steps from the Dolores school, this in-town parcel offers a unique chance for investors, developers, or builders looking to create income or redevelop in one of Southwest Colorado's most desirable small towns.The property currently features three mobile homes, providing immediate options to generate rental income or the flexibility to remove existing structures and build to suit. With multi-family zoning already in place, the groundwork is set for future development, whether your vision includes long-term rentals, workforce housing, or a custom multi-unit project.The Town of Dolores is open to working with a new owner to help bring the property up to current standards, adding significant value and opportunity for those ready to invest. Its central location near schools and town amenities enhances both rental appeal and long-term development potential.Whether you're searching for Dolores Colorado investment property, multi-family real estate, or a development opportunity near downtown Dolores, 110 N. 15th Street is a property worth serious consideration.