Opportunity awaits with this 3-bedroom, 1-bath home situated on a large corner lot in the heart of Silverton. This fixer-upper offers tremendous potential for renovation, redevelopment, or investment. While the home is ready for updates, the bathroom was completely gutted and renovated in 2021. The property features mature trees, several outbuildings, and an attached one-car garage. A standout feature is the development potential. Two of the lots may be eligible for subdivision, creating opportunities for additional housing density, subject to municipal approvals. Potential uses could include a duplex, fourplex, garage with living overtop, or other residential development options. Whether you're looking to restore a historic Silverton home, build additional income-producing units, or create a multi-generational property, this large parcel offers flexibility and value in a highly desirable mountain community. Buyer to verify zoning, subdivision potential, permitted uses, and development requirements with the Town of Silverton. **The property offers flexible purchase options and may be purchased as a whole, as the two vacant lots separately, or as the home only. Survey & simple Subdivision pending**
Listed By
Agency Name: Karen Srebacic-Sites, Independent Broker
Agency Phone: 970-903-1961
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimated Payment
$ 3,237.04 per month $3,076.54 Principal & Interest $0.08 Property Tax $160.42 Homeowner's Insurance
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867 Mineral Street | MLS# 836361
This single family home located at 867 Mineral Street, Silverton, CO 81433 is currently listed for sale with an asking price of $550,000. This property was built in 1893 and has 3 bedrooms with 2098 sq. ft. Search Silverton real estate on www.hardingrealestateteam.com today.