3214 and 3216 W 4th Avenue

    Durango, CO 81301
    • $565,000
    • STATUS: Active
    • ON SITE: 78 days
    • MLS #: 764560
    Price Reduced
    UPDATED: 68 min ago
    $565,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    • 1,920
      SQFT
    • $294
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Re/Max Pinnacle.


    Description

    INVEST HERE. IN-TOWN DURANGO DUPLEX GREAT LOCATION AND VIEWS Located on West 4th Avenue just steps from the Animas Mountain Trail head. Each unit has 2 bedrooms, 1.5 baths, nice kitchens, spacious great rooms, storage closet, washer, dryer hookups and a carport. Well maintained and many updates over the years. Updates through the years include; cellular shades, kitchen remodel in south unit, Electric Thermal Storage heaters, vinyl windows, Hardiplank siding, French drains, carport refurbishing, new lower level flooring in north unit and more. Fantastic views! The lot is 7,500 s.f. Dimensions are 50 x 150 and is legally zoned for a duplex. Low maintenance decks with privacy divider. Fenced yard, raised garden beds and plantings. This location paired with good condition attracts quality, long term tenants. Low vacancy rate. The sellers rented 3214 for $1,250 + electric and 3216 for $1,200 + electric. Sellers paid water, sewer and trash. LOCATION: Quiet neighborhood setting with mature landscaping. It is hard to beat this location. Hiking practically out the front door. The Animas Mountain trail head is at the end of the street. 4 blocks to the Animas river, bike path, parks and just 3 blocks to the grocery store. UTILITIES: La Plata Electric. There are separate electric meters. Unit 3214 Averages $77 Unit 3216 Averages $92 City of Durango Water Sewer Trash. 1 meter. Averages $135 per month for both units. This amount includes trash and recycling for each unit. It is requirement by the City for each unit to have their own trash and recycle cans. Whether strictly investment or to live in one side and pay the mortgage with the rent from the other this is an A+ property. A rare offering.

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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 2020. 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: 2020-01-26T08:56:23.937.
    www.durangomountainrealty.com/homes/100699049

    3214 and 3216 W 4th Avenue Durango, CO 81301

    • Price: $565,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 764560
    0
    Beds
    2
    Baths
    2
    ½ Baths
    0.17
    Acres
    1,920
    SQFT
    $294
    $/SQFT
    1975
    Built
    Neighborhood:
    Animas City
    County:
    La Plata
    Area:
    Durango In Town
    Elementary School:
    Needham K-5
    Middle School:
    Miller 6-8
    High School:
    Durango 9-12
    Property Description
    INVEST HERE. IN-TOWN DURANGO DUPLEX GREAT LOCATION AND VIEWS Located on West 4th Avenue just steps from the Animas Mountain Trail head. Each unit has 2 bedrooms, 1.5 baths, nice kitchens, spacious great rooms, storage closet, washer, dryer hookups and a carport. Well maintained and many updates over the years. Updates through the years include; cellular shades, kitchen remodel in south unit, Electric Thermal Storage heaters, vinyl windows, Hardiplank siding, French drains, carport refurbishing, new lower level flooring in north unit and more. Fantastic views! The lot is 7,500 s.f. Dimensions are 50 x 150 and is legally zoned for a duplex. Low maintenance decks with privacy divider. Fenced yard, raised garden beds and plantings. This location paired with good condition attracts quality, long term tenants. Low vacancy rate. The sellers rented 3214 for $1,250 + electric and 3216 for $1,200 + electric. Sellers paid water, sewer and trash. LOCATION: Quiet neighborhood setting with mature landscaping. It is hard to beat this location. Hiking practically out the front door. The Animas Mountain trail head is at the end of the street. 4 blocks to the Animas river, bike path, parks and just 3 blocks to the grocery store. UTILITIES: La Plata Electric. There are separate electric meters. Unit 3214 Averages $77 Unit 3216 Averages $92 City of Durango Water Sewer Trash. 1 meter. Averages $135 per month for both units. This amount includes trash and recycling for each unit. It is requirement by the City for each unit to have their own trash and recycle cans. Whether strictly investment or to live in one side and pay the mortgage with the rent from the other this is an A+ property. A rare offering.
    Exterior Features

    Carport Yes Carport Spaces 2 Fronts West 4th Avenue Garage No Lot Dimension 50X150 Parking Spaces 4 Property Attached No Roof Metal Stories Two Story Street Description City/TownPaved Views MountainsValley Water Well No Waterfront YN No

    Interior Features

    Appliance Inclusions Range/OvenRefrigerator Dining Kitchen BarLiving Room Dining Flooring VinylLaminate Heating Fuel Source Electric Main Sq Ft 960 Master Bedroom Level Upper Level One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1.5 Unit1 Bedrooms 2 Unit1 Square Feet 960 Unit2 Baths 1.5 Unit2 Bedrooms 2 Unit2 Square Feet 960 Upper Sq Ft 960

    Property Features

    Cap Rate Percent 4.2 Covenants No Elevation 6663' Green Certification No Hoa No Horse Setup No Metered Metered For Electricity Multi Story Yes New Construction YN No Property Mngr Seller Reo Lender Owned No Tax Year 2019 Terms CashConventional1031 Exchange Total Electric Meters 2 Total Gas Meters 0 Total Taxes 1281.12 Total Water Meters 1 Type Duplex Unit1 Monthly Rent 1250 Unit2 Monthly Rent 1200 Vacancy Factor Prcnt 0 Water Rights No Water Sewer City WaterCity Sewer Zoning Residential Multi 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 2020. 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: 2020-01-26T08:56:23.937.
     
    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Re/Max Pinnacle.