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1825 Florida Road , #103

Durango, CO 81301
  • $440,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 793157
UPDATED: 77 min ago
$440,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,304
    SQFT
  • $337
    $/SQFT
Neighborhood:
Type:
Villa/Townhouse
Built:
1982
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Keller Williams Realty Southwest Associates, Llc.


Description

Enter the Durango in town market with this investment opportunity located in the Durango Village Townhome complex. This charming 2 bed, 2 bath unit is ready for a new owner and has yielded modest returns since current ownership purchased in 1999. It is rare that the Townhomes in the Durango Village Complex come up for sale, but when they do, they don't sit on the market for long. Current ownership is leasing the unit at $2,000 per month which garners an estimated 5% CAP rate. The shingled roofs have been replaced and other exterior elements have been upgraded as well. Unit #103 has a 1 car garage with ability for a 2nd car to park in front of garage door. Guest parking is ample and common spaces are located towards the rear of the complex. This unit houses an open floor plan on the main level with kitchen, dining, living room, back deck, 3/4 bath, and storage with crawl space access. The 2nd level hosts a pleasantly surprising large primary bedroom that has 2 closets and a full bath. A loft room is located at the end of the hallway and can be used for a creative space/office/2nd bedroom. Privacy sliders have been installed in the loft. Washer and Dryer are located in the hallway. Possessing this Florida Road location gives your FLC student a place to land for an investment instead of renting and is a great conduit to all that Durango has to offer. Call me today for more details!

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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 2022. 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 Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-22T23:56:38.95.
www.durangomountainrealty.com/homes/128505144
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1825 Florida Road , #103 Durango, CO 81301

  • Price: $440,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 77 min ago
  • MLS #: 793157
2
Beds
2
Baths
0
½ Baths
0.02
Acres
1,304
SQFT
$337
$/SQFT
1982
Built
Neighborhood:
Village Twn Hms
County:
La Plata
Area:
Durango In Town
Elementary School:
Riverview K-5
Middle School:
Miller 6-8
High School:
Durango 9-12
Property Description
Enter the Durango in town market with this investment opportunity located in the Durango Village Townhome complex. This charming 2 bed, 2 bath unit is ready for a new owner and has yielded modest returns since current ownership purchased in 1999. It is rare that the Townhomes in the Durango Village Complex come up for sale, but when they do, they don't sit on the market for long. Current ownership is leasing the unit at $2,000 per month which garners an estimated 5% CAP rate. The shingled roofs have been replaced and other exterior elements have been upgraded as well. Unit #103 has a 1 car garage with ability for a 2nd car to park in front of garage door. Guest parking is ample and common spaces are located towards the rear of the complex. This unit houses an open floor plan on the main level with kitchen, dining, living room, back deck, 3/4 bath, and storage with crawl space access. The 2nd level hosts a pleasantly surprising large primary bedroom that has 2 closets and a full bath. A loft room is located at the end of the hallway and can be used for a creative space/office/2nd bedroom. Privacy sliders have been installed in the loft. Washer and Dryer are located in the hallway. Possessing this Florida Road location gives your FLC student a place to land for an investment instead of renting and is a great conduit to all that Durango has to offer. Call me today for more details!
Exterior Features

Acreage Range Less Than .25 Carport No Construction Type Wood Frame Exterior Inclusions LandscapingDeck Garage Yes Garage Type Attached Garage Property Attached No Roof Composition Sewer Source CentralPublic Sewer Siding MetalWood Stories Two Story Street Description City/TownPavedPrivate Winter Maintenanc Style Loft Utilities Cable TvElectricInternetNatural Gas Water Source City Water Water Well No Waterfront YN No

Interior Features

Additional Living Quarters No Appliance Inclusions DishwasherDisposalDryerRange/OvenRefrigeratorWasher Dining Eat-In KitchenLiving Room Dining Fireplace Free StandingGas LogsLiving Room Flooring Carpet-PartialTile Foundation Basement Crawl Space Heating Fuel Source ElectricNatural Gas Heating System Central ElectricElectric BaseboardFireplace Interior Inclusions Window CoveringsWired/Cable TvCeiling Fan(S)Vaulted Ceiling Main Sq Ft 696 Master Bedroom Level Upper Level One Quarter Baths 0 Total Office Dens 0 Upper Sq Ft 608 Water Heater Electric Water Heater

Property Features

Current Use Residential Green Certification No Hoa Yes Hoa Name Village Townhomes New Construction YN No Possible Property Use Residential Real Estate Included Yes Reo Lender Owned No Special Assement Yes Tax Year 2021 Total Taxes 1020.64 Water Rights No Zoning Residential Single Family

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 2022. 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 Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-22T23:56:38.95.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of Keller Williams Realty Southwest Associates, Llc.