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562 E 1st Street

Durango, CO 81301
  • $885,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 809638
UPDATED: 88 min ago
$885,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,972
    SQFT
  • $449
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1931
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.


Description

Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 3 bedrooms (one currently being used as a large walk-in closet) and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other 2 bedrooms in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard. Unit 2 has a separate fenced side entrance to the staircase leading up to the unit. Here you will find a cozy 2 bedroom 1 bath apartment. Both units have wood and tile flooring. There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval. The property borders the Parkside Terrace townhomes, and both units are currently leased. There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-02-29T20:56:31.637.
www.homesforsaledurango.com/homes/145786046
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562 E 1st Street Durango, CO 81301

  • Price: $885,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 88 min ago
  • MLS #: 809638
0
Beds
2
Baths
0
½ Baths
0.19
Acres
1,972
SQFT
$449
$/SQFT
1931
Built
Neighborhood:
Other
County:
La Plata
Area:
Durango In Town
Elementary School:
Park K-5
Middle School:
Escalante 6-8
High School:
Durango 9-12
Property Description
Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 3 bedrooms (one currently being used as a large walk-in closet) and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other 2 bedrooms in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard. Unit 2 has a separate fenced side entrance to the staircase leading up to the unit. Here you will find a cozy 2 bedroom 1 bath apartment. Both units have wood and tile flooring. There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval. The property borders the Parkside Terrace townhomes, and both units are currently leased. There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.
Exterior Features

Acreage Range Less than 1/2 Carport No Garage No Lot Dimension 0.196 acres Parking On StreetPaved Property Attached No Roof Metal Siding StoneStucco Stories 1.5 Story Street Description City/TownPaved Views Mountains Water Well No Waterfront YN No

Interior Features

Appliance Inclusions Range/OvenRefrigerator Flooring CarpetTile Heating Fuel Source Natural Gas Main Sq Ft 1268 One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 2-3 Unit2 Baths 1 Unit2 Bedrooms 2 Upper Sq Ft 704

Property Features

Covenants NO Green Certification No Hoa No Horse Setup No Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2023 Terms CashConventional Total Electric Meters 1 Total Gas Meters 2 Total Taxes 2006.20 Total Water Meters 1 Type Duplex Unit1 Monthly Rent 1550 Unit2 Monthly Rent 1150 Water Rights No Water Sewer City SewerCity Water Zoning Residential Multi Family

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-02-29T20:56:31.637.
 
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The Blackmore Group
2901 Main Ave
Durango CO, 81301
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.