589 Hwy 172

Durango, CO 81303

About this property

Looking for an affordable home or a great investment? You will want to see this two unit home with 3 beds and 2 baths on one side and 2 beds and 2 baths on the other. You could live in one side and either use the other side for guests or rent it out to help pay your mortgage. Or, you could rent out both sides for a great return on investment. Investors, based on a rental income of $2550 a month the CAP rate comes in around 6.8%! The sky is the limit. Built in 2018, the layout is very functional and takes advantage of natural light, and the outdoor placement is thoughtful as well. The home is located about 15 minutes from downtown Durango, 10 minutes from the Durango La Plata Airport, 5 minutes from Mercy Regional Medical Center, and minutes from Florida Mesa Elementary School. Dont miss this unique opportunity!

Date Added
June 6, 2020
Listing Status
Active
Days On Site
146
MLS#
770437

Features and Additional Information

Lot Size
17,424 SqFt
Acreage
0.40
Property Type
Residential
Style
Modular Home
Sub-Type
Resale
Year
2018
Garage
0
Pool
No
Story(s)
1 Story
Property View
No
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$435,000 Active
5 Beds
4
Baths
1,985 SQFT

Presented By Coldwell Banker Heritage House

Durango

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Get in touch today! Phone: (970) 259-3333
Brokerage
Durango
(970) 259-3333
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Area Information

Durango Rural | La Plata County | Loma Linda

$ 435,000
This listing is play_arrow 1.7% lower than the average in the area
$ 442,500 in the area
1,985 SqFt
This listing is play_arrow 7.6% larger than the average in the area
1,845 SqFt in the area
$ 219 $/SqFt
This listing is play_arrow 9.3% less than the average in the area
$ 242 $/SqFt in the area
146 days on site
This listing is play_arrow 43.8% above the average in the area
102 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
    Escalante 6-8
  • turned_in
    High School
    Durango 9-12

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It's free and no obligation

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Coldwell Banker

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