175 Rustic Rd, Durango, CO 81301

Property Description

OVER $75,000 PRICE REDUCTION! And traditional mortgage financing may be available through Dolores State Bank or several others. Located 15 minutes east of Downtown Durango, this 3.58 acre property with income producing 3BR/2Bath plus bonus office, 1440 sf home offers NO HOA, a great well, usable land and views. A PURGED 1973 mobile home with infrastructure, including well, septic, electric, and propane already in place offers an excellent opportunity to utilize now while planning a future custom home, or collect rental income before you build. Traditional mortgage financing through Dolores State Bank with 20% down may be available. Mobile home has a long-term tenant in place who would like to stay, creating immediate income potential for the next owner if desired. Or arrange to live on site while you build. With easy access to all things Durango, the existing home could work well as transitional housing, a rental, or a future guest residence while the property is developed further. Residence is being sold "as-is". Contact agent for financing details.