$420,000

589 Hwy 172

Durango CO, 81303

Description

You will want to see this one! A brand new, never been lived in, two unit home with 3 beds and 2 baths on one side and 2 beds and 2 baths on the other. The home is a true-modular duplex style construction built by Karsten. Construction is complete and ready for occupancy. Live in one side, rent out the other. Use one side for guests, or use both as a rental. The sky is the limit. A comparable property in the neighborhood sold for $425,000. Investors, based on a rental income of $2600 a month the CAP rate is coming in at 7.25%. The home is roughly located 15 minutes from downtown Durango, 10 minutes to the Durango La Plata Airport, and 5 minutes to Mercy Regional Medical Center, and minutes from Florida Mesa Elementary School.

Details

MLS#748871
StyleModular Home
Sub-TypeResale
StatusActive
Year2018
Days On Site408

Features

Bed(s)5
Bath(s) 4 Full
SQ Feet1,985
Story(s)1 Story
Acreage0.40

Additional Information

Taxes660.38
HeatingForced Air
Available AmenitiesElectric,Natural Gas

Market Activity 81303

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81303
AreaDurango Rural
Community NameLoma Linda
Middle SchoolEscalante 6-8
High SchoolDurango 9-12
Listing VS Median (in Loma Linda)
Price:
$420,000
low | high
Med:
$420,000
50% of Average
SqFt:
1,985
low | high
Med:
1,985
50% of Average
$ / SqFt:
$212
low | high
Med:
$212
50% of Average
On Site:
408
low | high
Med:
408
100% of Average
Listing Updated: 09/15/2019
MLS Number: 748871
Listing Provided By:
Jerome Bleger  of  The Wells Group of Durango Inc.



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