3150 W 2nd Avenue
Durango, CO 81301

$1,499,000

Description

Located on quiet West 2nd Avenue but across from North City Market, liquor store and one block from the Animas River Trail in Durango, CO!! Unbeatable location with a Trolley stop on property for transportation all over town! Unique investment or re-development opportunity..3150 W 2nd Avenue is a 10 unit building together with a 2-unit duplex just below for a total of 12 units plus an over sized two car garage/workshop! Could be bought separately or together with 3121 Main Avenue, a 14 unit apartment building, see listing #745080. The 10-unit includes 6 singles (2 with kitchens) and 4 two-bedroom units. Square footage in the rooms range from about 275 to 640. Current month to month rents are 2-bedroom units $1,200./Mo, 1 bedroom Units $1,100./Mo, 2- Studios with kitchens $950./Mo, 4- Studios no kitchen $900./Mo and the Double Garage $500./Mo. Nearly $16,000/month in gross income depending on the month! Please call listing agent for more info.

Details

MLS#745082
Sub-TypeResale
StatusActive
Year1956
Days On Site14

Features

SQ Feet7,988
Units22

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$1,499,000
low | high
Med:
$449,000
100% of Average
SqFt:
7,988
low | high
Med:
1,387
100% of Average
$ / SqFt:
$188
low | high
Med:
$324
22.506833442915% of Average
On Site:
14
low | high
Med:
45
31.111111111111% of Average
Nearby Listings (Within 1/10 mile)
Price: $1.124M - $1.873M
SqFt: 5,500 - 9,500
Listing Updated: 05/25/2018
MLS Number: 745082
Listing Provided By:
Joe DiGiacomo  of  RE MAX Pinnacle



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