$1,400,000

107 N Teller St Gunnison, CO 81230

Estimated payment $7,782/month

5 Beds
6 Baths
2,754 Sq Ft
$508 Price per Sq Ft

Highlights

  • Wood Flooring
  • Privacy Fence
  • 2-minute walk to Jorgenson Park
  • Crested Butte Community School Rated A-
  • Wood Siding

About This Home

This home is located at 107 N Teller St, Gunnison, CO 81230 and is currently priced at $1,400,000, approximately $508 per square foot. This property was built in 1934. 107 N Teller St is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Gunnison Middle School, and Crested Butte Community School.

Listing Agent

Eric Lain

Berkshire Hathaway HomeServices Today Realty & Associates Listed on: 06/17/2025

Berkshire Hathaway HomeServices Today Realty & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1934

Lot Details

  • 7,841 Sq Ft Lot
  • Privacy Fence

Home Design

  • Wood Foundation
  • Concrete Foundation
  • Permanent Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2,754 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Gunnison 1-5 Elementary School
  • Gunnison 6-8 Middle School
  • Gunnison High 9-12

Listing and Financial Details

  • Assessor Parcel Number 370136380002

Community Details

Overview

  • 5 Units
  • Boutcher's Addition Subdivision

Building Details

  • Operating Expense $21,564
  • Gross Income $80,678
  • Net Operating Income $59,114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,854

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave
  • Estimated Total Acres: 0.18
  • Class: Multifamily
  • Em Deposit: 35000
  • Em Holder: Title Company
  • Legal Lot Block: PARCEL B PART OF LOTS 19-22, BLOCK 17, GUNNISON AND LOTS 19-22, BLOCK 6, BOUTCHER'S ADDITION TO GUNNISON
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 370136380002
  • Price Per Sq Ft: 508.35
  • Residence Stories: One Story, Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R071758
  • Zoning: Residential, Residential Multi Family
  • Cap Rate Percent: 4.22
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas, Hot Water Baseboard, Boiler, Space Heater
  • Landlord Pays: Building Insurance, Real Estate Taxes, Site Maintenance (Prop), Snow Removal, Trash, Water/Sewer, Common Area Maintenance, Electric, Ext Maintenance (Bldg), Gas, Interior Maintenance
  • Metered: Metered for Gas
  • Multi Story: Yes
  • Property Mngr: BHHS Today Realty & Assoc
  • Type: Fiveplex
  • Access: Year Round
  • Total Taxes Dollar: 1853.72
  • Year Built: 1934
  • Prop Description Remarks: Don't miss out on your chance to own this income producing 5 plex! Located just one block away from Western State Colorado University with easy access across the street to public transportation and Legion park. All units can be rented out long term or you can fix up the main house to either live in yourself or turn it into a vacation rental for your own use and it's income potential. With Legion Park directly across the street you will be in the center of summer fun with bands playing every Sunday afternoon. Your options with this unique opportunity are endless. Gross Income, Annual Expenses, Net Operating Income & Cap Rate in the Property Details Section are approximate and based on actual rents received, projected rents based on current leases and current/projected expenses. The main House is a 3 bed 2 bath, Above Grade Living Area 1,436 sq ft, Unfinished Basement 588 sq ft. 1 story duplex units # 1 & 2 are both studio apartments, Above Grade Living Area 587 sq ft. 2 story duplex units # 3 - 4 are both 1 bed 1 bath with a kitchen/ dinning area. Above Grade Living Area 731 sq ft.
  • Subdv Name: Boutcher's Addition
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 10721074

Interior Features

  • Flooring: Carpet, Vinyl, Wood, Laminate, Linoleum
  • Estimated Total Sq Ft: 2754
  • Basement Sq Ft: 588
  • Full Bathrooms: 6
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 6
  • Foundation: Wood, Basement-below grade, Basement-unfinished, Concrete, Permanent
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy
  • Roof: Metal

Garage/Parking

  • Parking Spaces: 6
  • Parking: 1 per unit, 2 per unit

Utilities

  • Electric Supplier: City of Gunnison
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Gunnison
  • Water Supplier: City of Gunnison

Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8
  • High School: Gunnison High 9-12
  • High School: Gunnison High 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 5
  • Gross Annual Expenses: 21563.87
  • Gross Scheduled Income: 80678.22
  • Net Operating Income: 59114.35

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,854 $37,800 $13,360 $24,440
2023 $1,835 $34,110 $12,050 $22,060
2022 $1,875 $30,380 $5,440 $24,940
2021 $1,727 $31,950 $5,720 $26,230
2020 $1,452 $25,170 $5,510 $19,660
2019 $1,420 $25,170 $5,510 $19,660
2018 $1,657 $28,810 $4,920 $23,890
2017 $1,676 $28,810 $4,920 $23,890
2016 $2,019 $35,100 $3,410 $31,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $1,400,000 -- $508 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Mortgage History

Date Status Loan Amount Loan Type
Closed $360,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 825505

Colorado Real Estate Network (CREN)

APN: R071758