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Listing 4 out of 460
$669,000 For Sale

727 E 5th
Durango, CO 81301

3 units | Multi Family Home
0.18 acre lot - MLS# 736548 Courtesy of Coldwell Banker Heritage House
Property Photo
1/25

Description

Fantastic location in the Avenues within walking distance of Historic Downtown. This charming 2 story brick triplex is a rare find. One unit (#3) has recently been remolded and is rented at market rates. The other 2 units which have not been recently updated are currently rented below market offering good upside for a new Owner. Nice large 50x150 lot with plenty of room to build a garage in back off the alley which is currently used for off-street parking. This property could also make a great personal residence with a rental unit for extra income to help pay your mortgage. Very high rental demand in this part of town. Many quality homes are in this popular charming neighborhood that have been newly built or extensively remodeled, and that trend continues. This property has historically been occupied and set-up as a multi-family property with 3 separate gas and electric meters. Don't miss this hard to find opportunity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Triplex
  • Listing Status: Active
  • Listing Price: $669,000
  • County/Area: La Plata County
  • Zip Code: 81301
  • Subdivision/Neighborhood: City Of Durango
  • Elementary School: Park K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • Sq.Ft.: 1,966 sq ft
  • Units: 3 units
  • Baths (full): 3
  • Baths (partial): 1
  • Total Baths: 4
  • Lot SqFt: 7840.8
  • Zoning: Residential Multi Family
  • Area: Durango In Town
  • Flooring: Carpet, Laminate
  • Landlord Pays: Building Insurance, Real Estate Taxes, Interior Maintenance, Ext Maintenance (Bldg)
  • Lot Dim. Source: Survey
  • Lot Dimensions: 50x150
  • Lot Size/Acreage: Less Than 1/2
  • Main S F: 1431
  • Metered: Metered For Gas, Metered For Electricity, Metered For Water
  • Multi Story: Yes
  • Parking: Off Street, Gravel, 2-10 Total Spaces, In Rear Of Building
  • Roof: Metal, Other
  • Sqft Source: Appraisal
  • Tenant Pays: Electric, Gas
  • Total # Electric Meters: 3
  • Total # Gas Meters: 3
  • Total # Water Meters: 1
  • Unit 1 # Baths: 1
  • Unit 1 # Bedrooms: 2
  • Unit 1 Monthly Rent: 1100
  • Unit 1 Square Feet: 891
  • Unit 2 # Baths: 1
  • Unit 2 # Bedrooms: 1
  • Unit 2 Monthly Rent: 900
  • Unit 2 Square Feet: 535
  • Unit 3 # Baths: 1.5
  • Unit 3 # Bedrooms: 1
  • Unit 3 Monthly Rent: 1200
  • Unit 3 Square Feet: 540
  • Upper S F: 535
  • Year Remodeled: 2017
  • Listing Office: Coldwell Banker Heritage House
Courtesy of Coldwell Banker Heritage House

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 2017. 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 Blue Ribbon Properties contain that company's name. Fair Housing Disclaimer This data was last updated 2017-08-18

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Claudia Williams
Durango, CO 81301
 970-749-3555
claudia@blueribbondurango.com

Claudia Williams | Blue Ribbon Properties | 970-749-3555 | claudia@blueribbondurango.com
Durango, CO 81301


 


 

Copyright © 2017. Claudia Williams/Blue Ribbon Properties, All Rights Reserved.