228 E 6th Ave, Durango, CO 81301

$382,000
3
BD
2
BA
2,256
SqFt

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Listing courtesy of The Wells Group of Durango, LLC. Selling Office: Keller Williams Realty Southwest Associates, LLC.

Sold Price
$382,000
List Price
$439,900
Closing Date
Nov 01, 2023
MLS#
808268
Type
Single Family Residential
Bedrooms
3
Full-baths
2
Apx Sq. Ft
2,256
Acres
0.17
Year Built
1911
Elementary School
Park K-5
Middle School
Escalante 6-8
High School
Durango 9-12
County
La Plata
Region
Durango In Town
Zip
81301
City
Durango
Subdivision
Mountain View

Property Description

2 structures on a 7500 sq ft lot in downtown Durango. Less than 2 blocks away from the Horse Gulch Trail System. West unit fronting 6th Ave is 1728 sq ft and east unit off the alley is 528 sq ft. Plenty of parking for RV's, boats, trailers, etc....Low annual taxes of only $943.32. Seller has never seen the property and is selling "as-is" with no Seller's Property Disclosure. Value is mostly in the land and conventional residential financing is not likely possible due to the amount of rehab work both structures need. Private financing terms offered: 35% down is 10.5% interest. 40% down is 10% interest. 45% down is 9.5% interest. 50% down is 9% interest. 2% loan origination fee. Amortization and balloon are negotiable with interest only financing terms possible.

Additional Information

Style
Bungalow
Water Supplier
City
Utilities
Electricity Available, Phone Available, Natural Gas Available, Internet Available

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Calculator source: Real Geeks

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