Looking for a solid multi family investment opportunity with room to increase rents and equity? This is it. Offering 6 total units, all 2 bedrooms and 1.5 bathrooms. The apartment is centrally located in Ignacio, walking distance to schools, grocery store, church, etc... The demand for rental units such as this has never been higher in our market place. The exterior was repainted and stucco repaired in 2020. The interiors (5 of 6 units) were all painted in 2020. Sellers have replaced 1 furnace and 2 hot water heaters during their ownership. They have also upgraded 2 units with LVP flooring. Stable income, consistent demand, opportunity to raise rents... investment properties like this one don't come up very often in our Durango area market. Act now!
Active
Price cut: $10K (2/11)
$715,000
470 Burns, Ignacio, CO 81137
12beds
5,760sqft
Est.:
Sixplex
Built in 1973
-- sqft lot
$693,300 Zestimate®
$124/sqft
$-- HOA
What's special
- 111 days
- on Zillow |
- 242 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: February 11, 2025 at 08:50am
Listed by:
Katherine Sumrall-Griego 970-375-3251,
Keller Williams Realty Southwest Associates, LLC
Source: CREN,MLS#: 820261

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 6
- 1/2 bathrooms: 6
Interior area
- Total structure area: 5,760
- Total interior livable area: 5,760 sqft
Property
Lot
- Size: 0.43 Acres
Details
- Parcel number: 595508307005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Sixplex
Condition
- New construction: No
- Year built: 1973
- Major remodel year: 2023
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Ignacio
Financial & listing details
- Price per square foot: $124/sqft
- Annual tax amount: $1,386
- Date on market: 1/4/2025
- Total actual rent: 5385
- Loading
- Loading