Pending

574 E 2nd Avenue

Durango CO, 81301

$819,900


$373.53 per sqft

Pending

6 Baths

2,195 sqft

Multi-family

Built in 1908

Courtesy of Coldwell Banker Distinctive Properties with Listing Contact: 970-375-5530 

All units are now rented at market value, making this an incredible investment opportunity in downtown Durango! This property is an incredibly rare find with six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units had been vastly under rented in the past as rents had not been increased in several years and were not reflective of the current market value, but the owner has spent the past several months increasing the rents as the units came vacant, and now all units are rented at market rate making this a very viable investment. Don't miss this opportunity to own a cash flowing property in an unbeatable location!

808016

MLS ID

September 18, 2023

Listed

July 13, 2024

Updated

Map

574 E 2nd Avenue
Durango CO, 81301

Interior Features

Total Stories

2


Total Bathrooms

6


Full Bathrooms

1


Three-Quarter Bathrooms

5


Appliances

Oven, Range, Refrigerator


Floor Description

Carpet, Linoleum


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Architectual Style

Victorian

School Information

High School

Durango 9-12


Elementary School

Park K-5

Other Property Details

Area Name

Durango In Town


Taxes

$1,428


Tax Frequency

Annually


Days on Market

288


Garage

No


Parking

On Street


Parking Total

0


View

No


County

La Plata


Water Source

Public


Pool

No

Courtesy of Coldwell Banker Distinctive Properties with
Listing Contact: 970-375-5530 


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Data last updated on: 7/13/2024

 

 

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