Multi-Family Investment Property – Prime Downtown Location Offered at $2,245,000 | 5% Cap Rate | $494 PSF A rare opportunity to own a 6-unit complex located in the heart of downtown Durango. This well-maintained asset includes a mix of one- and two-bedroom units, and garages, currently generating $10,400 in monthly income. Property Highlights: – 6 Units, 3 Two-bedroom & 3 One-Bedroom – Downtown Location, Close to shops, restaurants, and transit – On-Site Parking + Garages, Added convenience and rental value – Recent Capital Improvements, Roof, HVAC, and sewer updates completed – Mixed-Use Zoning, Flexible investment potential – Listing Cap Rate: 5.0%
Active
Price cut: $150K (9/17)
$2,245,000
610 E 3rd Ave Avenue, Durango, CO 81301
9beds
4,545sqft
Est.:
Sixplex
Built in 1895
-- sqft lot
$-- Zestimate®
$494/sqft
$-- HOA
What's special
Downtown location
- 78 days |
- 632 |
- 9 |
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