544 E 4th Ave Unit A & B, Durango, CO 81301

Property Description

Price reduced by $86,000 down to $899,000! Historic charm meets modern functionality! This amazing little home in the heart of downtown Durango, CO has a recently constructed two-wing ADU and offers incredible versatility with income potential for any buyer. The main 3 bed / 2 bath home has a cute fenced front yard with covered front porch, inviting you to experience all of the charm of living on the grid. The front room of the home includes a living area, kitchenette, and 3/4 bathroom. The ground level also features a full-size kitchen, 2nd bathroom with a lovely clawfoot bathtub, and a bedroom with closet allowing for true main level living. Upstairs are two more bedrooms with two toilets and sinks. Exit out the back of the home through the mud room that houses the washer and dryer hookups, and step onto the back patio with FOUR separate sheds. The rear ADU is city approved and was recently constructed in 2018. The construction of the ADU allowed for the home to modernize the plumbing and electric systems for the entire property, with a brand new main plumbing line running from the city connection to the home. The ADU boasts vaulted ceilings adorned by beautiful tongue and groove slats with two 3/4 bathrooms, two living areas/bedroom, one full kitchen, one kitchenette and two lofted sleeping areas. The building is designed to function as two highly functional studio spaces offering maximum earning potential and privacy with three private off-street parking spaces off of the alley. The recently constructed two-tenant ADU currently rakes in $2,675/month. Both ADU tenants are currently leased thru August 2025. Come check out this amazing downtown home and see how this funky Durango gem is just right for you!