574 E 2nd Ave, Durango, CO 81301
- $795,400
- 6
- BA
- 2,195
- SqFt
Listing courtesy of Coldwell Banker Distinctive Properties. Selling Office: Coldwell Banker Distinctive Properties.
- Sold Price
- $795,400
- List Price
- $819,900
- Closing Date
- Jul 31, 2024
- MLS#
- 808016
- Type
- Multifamily
- Full-baths
- 1
- Sq. Ft
- 2,195
- Year Built
- 1908
- Elementary School
- Park K-5
- Middle School
- Miller 6-8
- High School
- Durango 9-12
- County
- La Plata
- Region
- Durango In Town
- Zip
- 81301
- City
- Durango
- Subdivision
- Not Applicable
Property Description
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!
Additional Information
- Style
- Victorian
- Heating
- Natural Gas
- Elevation
- 6500
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