$435,000

589 Hwy 172

Durango CO, 81303

Description

Looking for an affordable home or a great investment? You will want to see this two unit home with 3 beds and 2 baths on one side and 2 beds and 2 baths on the other. You could live in one side and either use the other side for guests or rent it out to help pay your mortgage. Or, you could rent out both sides for a great return on investment. Investors, based on a rental income of $2550 a month the CAP rate comes in around 6.8%! The sky is the limit. Built in 2018, the layout is very functional and takes advantage of natural light, and the outdoor placement is thoughtful as well. The home is located about 15 minutes from downtown Durango, 10 minutes from the Durango La Plata Airport, 5 minutes from Mercy Regional Medical Center, and minutes from Florida Mesa Elementary School. Dont miss this unique opportunity!

Details

MLS#770437
Listing TypeFor Sale
StyleModular Home
Sub-TypeResale
StatusActive
Year2018
Days On Site141

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet1,985
Story(s)1 Story
Acreage0.40

Additional Information

Taxes1263.06
HeatingForced Air
Available AmenitiesElectric,Natural Gas

Market Activity 81303

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Area Information
StateCO
CountyLa Plata
CityDurango
Zip Code81303
AreaDurango Rural
Community NameLoma Linda
Middle SchoolEscalante 6-8
High SchoolDurango 9-12
Listing VS Median (in Loma Linda)
Price:
$435,000
low | high
Med:
$442,500
48.275862068966% of Average
SqFt:
1,985
low | high
Med:
1,845
57.078085642317% of Average
$ / SqFt:
$219
low | high
Med:
$242
39.746236036911% of Average
On Site:
141
low | high
Med:
97.500000
100% of Average
Listing Updated: 10/24/2020
Jerome Bleger LogoMLS Number: 770437
Listing Provided By:
Jerome Bleger  of  The Wells Group of Durango Inc.

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