Set in the historic mountain town of Rico, once a thriving silver mining hub known in the late 1800s as the â??Empire of the San Juans,â? this unique fourplex offers both character and investment opportunity in a stunning alpine setting. Situated on 0.28 acres and totaling 1,632 square feet, the property features two studio apartments with full kitchens and two one-bedroom units, also with full kitchens, providing flexible rental options. Surrounded by lush greenery and mature pine trees, the grounds offer a peaceful, private feel with ample parking for residents and guests. Inside, the property retains its mountain charm with real wood paneling and exposed wood beams, reflecting the rustic character of the regionâ??s historic lodging and mining-era architecture. A rare opportunity to own income-producing property in one of Coloradoâ??s most scenic and storied small towns.
Rico is located in Colorado. Rico, Colorado has a population of 335. Rico is less family-centric than the surrounding county with 15.46% of the households containing married families with children. The county average for households married with children is 17.82%.
The median household income in Rico, Colorado is $54,750. The median household income for the surrounding county is $62,500 compared to the national median of $69,021. The median age of people living in Rico is 51.4 years.
The average high temperature in July is 74.3 degrees, with an average low temperature in January of 1.9 degrees. The average rainfall is approximately 25.1 inches per year, with 157.9 inches of snow per year.
