Description
Incredible investment opportunity in downtown Durango. Six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units are vastly under rented as rents have not been increased in several years and are not reflective of the current market value. Owner is in the process of raising rents as the units come vacant, although four of the leases are month to month leases, so rents could be easily raised by a new owner. Don't miss this opportunity!
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0BEDS
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N/AACRES
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6BATHS
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01/2 BATHS
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2,195SQFT
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$374$/SQFT
School Information
Description
Incredible investment opportunity in downtown Durango. Six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units are vastly under rented as rents have not been increased in several years and are not reflective of the current market value. Owner is in the process of raising rents as the units come vacant, although four of the leases are month to month leases, so rents could be easily raised by a new owner. Don't miss this opportunity!
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This data was last updated: 2022-01-23T06:56:26.657.