510 E 8th Street

    Durango, CO 81301
    • $599,000
    • STATUS: Active
    • ON SITE: 94 days
    • MLS #: 764148
    Foreclosure
    UPDATED: 28 min ago
    $599,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,098
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1893
    County:

    School Information

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


    Description

    Fantastic Opportunity to own this downtown duplex in the heart of Historic Durango. This well functioning income property sits on thecorner at 5th and 8th in downtown Durango. The property is currently configured as a duplex with a 3 bedroom, 1 bath unit, a 2 bedroom,1 bath unit and a 2-car garage. All are are leased out and there is very little vacancy at this coveted location. On each of the other 3corners of this intersection there are $million dollar homes (the one directly across 8th is currently listed at $2,095,000 (MLS# 757349)making this an excellent buy-and-hold opportunity in the path of progress. This legacy property would be a great multi-generational home,income property or restoration project. Call today to schedule a tour of this home.

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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: 2020-01-26T09:56:25.453.
    www.durangomountainrealty.com/homes/100239309

    510 E 8th Street Durango, CO 81301

    • Price: $599,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 764148
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.08
    Acres
    2,098
    SQFT
    $286
    $/SQFT
    1893
    Built
    Neighborhood:
    City Of Durango
    County:
    La Plata
    Area:
    Durango In Town
    Elementary School:
    Park K-5
    Middle School:
    Escalante 6-8
    High School:
    Durango 9-12
    Property Description
    Fantastic Opportunity to own this downtown duplex in the heart of Historic Durango. This well functioning income property sits on thecorner at 5th and 8th in downtown Durango. The property is currently configured as a duplex with a 3 bedroom, 1 bath unit, a 2 bedroom,1 bath unit and a 2-car garage. All are are leased out and there is very little vacancy at this coveted location. On each of the other 3corners of this intersection there are $million dollar homes (the one directly across 8th is currently listed at $2,095,000 (MLS# 757349)making this an excellent buy-and-hold opportunity in the path of progress. This legacy property would be a great multi-generational home,income property or restoration project. Call today to schedule a tour of this home.
    Exterior Features

    Carport No Garage Yes Garage Type Detached Garage Lot Dimension .086 Property Attached Yes Water Well No Waterfront YN No

    Interior Features

    Main Sq Ft 1519 One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 3 Unit2 Baths 1 Unit2 Bedrooms 2 Unit3 Baths 0 Unit3 Bedrooms 0 Upper Sq Ft 579

    Property Features

    Cap Rate Percent 6.7 Green Certification No Hoa No Horse Setup No Multi Story Yes New Construction YN No Reo Lender Owned Yes Tax Year 2018 Total Taxes 1324 Type Duplex Unit1 Monthly Rent 1850 Unit2 Monthly Rent 1300 Unit3 Monthly Rent 195 Water Rights No

    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: 2020-01-26T09:56:25.453.
     
    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.