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  • Price cut: $10K (2/11)
    $715,000

    470 Burns, Ignacio, CO 81137

    12beds
    5,760sqft
    : 
    Sixplex
    Built in 1973
    -- sqft lot
    $693,300 Zestimate®
    $124/sqft
    $-- HOA

    What's special

    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!
    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#: 820261MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 470 Burns.

    Next available tour time:Today at 11am

    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
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