About This Home
This 0-bedroom, 0-bathroom residential multi family at 26814 US HWY 160 #Multiple in Durango, CO is listed for $2,900,000 ($485 per sqft). Built in 1963, the home offers 5,974 sqft of living space on a 4.17 acres lot.
Key Features
- Built in 1963
- 4.17 acre lot
- Waterfront
Property Details
Amenities
Keith Darner, eXp Realty, LLC, C:,,: RARE opportunity to own a multi- family property on 4.1 acres with 400 feet of peaceful ANIMAS RIVER FRONTAGE! Directly downstream from Purple Cliffs Gold Medal fishing. Held by the same family for decades, this property is ideal for a private residence, generational living, passive income, 1031/721 exchange needs and has upside through rent increase to current market levels.
Recent investments of approximately $40,000 include a new roof, exterior paint and a new river walkway.This well maintained property is fully rented and boasts a very strong rental history.Three separate buildings contain 9 seperate, individually metered dwelling units.
Two studio apartments, four one bedroom apartments, a two bedroom apartment, a two bedroom house and a three bedroom house.Plus there is an 880 Sq. ft. shop building Enjoy tranquil, secluded living along the ANIMAS RIVER located just five miles south of historic downtown Durango.Tenants and owners can sit outsid eand enjoy the relaxing sounds that only a river front property offers. Don't miss this rare combination of versatility acreage, river frontage and location.
Monthly Cost Estimate
$15,510/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
26814 US HWY 160 #Multiple
Durango, CO 81303
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 26814 US HWY 160 is listed at $2,900,000 ($485/sqft). The estimated monthly payment is $15,510 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1963, 4.17 acre lot, Waterfront.
This property is listed by Keith Darner and can be reached at 9709460101.