562 East 1st Street
562 East 1st Street
$885,000
2
2
1,972
1,972
$449
Description
Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 3 bedrooms (one currently being used as a large walk-in closet) and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other 2 bedrooms in the back of...Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 3 bedrooms (one currently being used as a large walk-in closet) and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other 2 bedrooms in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard. Unit 2 has a separate fenced side entrance to the staircase leading up to the unit. Here you will find a cozy 2 bedroom 1 bath apartment. Both units have wood and tile flooring. There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval. The property borders the Parkside Terrace townhomes, and both units are currently leased. There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.
- Listed by Christine Serwe • The Wells Group of Durango, LLC
Property Details for 562 East 1st Street
Water Front
No
ZoningResidential Multi Family
ViewsMountains
Subdv NameOther
Location
LISTING UPDATED: 02/22/2024 10:52 AM
Property Details for 562 East 1st Street
Status | Active |
---|---|
MLS # | 809638 |
Days on Market | 151 |
Taxes | $2,006 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTIFAMILY / Duplex |
Year Built | 1931 |
Lot Size | 0.19 AC / 8,276 SF |
County | La Plata County |
Location
Building Information for 562 East 1st Street
Stories1Residences2Year Built1931Building Size-Lot Size0.19 AC / 8,276 SF
Payment Calculator
$4,997 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 562 East 1st Street
Property History for 562 East 1st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 562 East 1st Street
Taxable ValueLand$16,130Additions$22,960Total$39,090
Tax Record2022$1,589 ($132 / month)
Home Facts
Total Finished SqFt1,972 SqFtAbove Grade Finished SqFt1,972 SqFtStories2Lot Size8,538 SqFtStyleDuplexYear Built1931CountyLA PLATAAPN5665-293-29-023
Schools near 562 East 1st Street
This home is within Durango 9-R School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 |
Rating | School | Distance |
---|---|---|
Park Elementary School PublicPK to 5 | ||
Escalante Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
Robert Denier Youth Services Center Public5 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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