574 East 2nd Avenue
574 East 2nd Avenue
$819,900
—
6
2,195
2,195
$374
Description
All units are now rented at market value, making this an incredible investment opportunity in downtown Durango! This property is an incredibly rare find with six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units had been vastly under rented in the past as rents had not been increased in several years and were not reflective of the current market value, but the owner has...All units are now rented at market value, making this an incredible investment opportunity in downtown Durango! This property is an incredibly rare find with six studio units just a block away from Main Avenue. There are very few residential units this close to Main Avenue, and rarely do properties like this come on the market. the units had been vastly under rented in the past as rents had not been increased in several years and were not reflective of the current market value, but the owner has spent the past several months increasing the rents as the units came vacant, and now all units are rented at market rate making this a very viable investment. Don't miss this opportunity to own a cash flowing property in an unbeatable location!
- Listed by Todd Sieger • Coldwell Banker Distinctive Properties
Property Details for 574 East 2nd Avenue
Water Front
No
ZoningResidential Multi Family
Subdv NameNot Applicable
Location
LISTING UPDATED: 04/16/2024 02:12 PM
Property Details for 574 East 2nd Avenue
Status | Active |
---|---|
MLS # | 808016 |
Days on Market | 224 |
Taxes | $1,428 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | MULTIFAMILY / Sixplex |
Year Built | 1908 |
Lot Size | 0.00 AC / 0 SF |
County | La Plata County |
Location
Building Information for 574 East 2nd Avenue
Stories2Residences6Year Built1908Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$4,594 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 574 East 2nd Avenue
Property History for 574 East 2nd Avenue
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 574 East 2nd Avenue
Taxable ValueLand$10,210Additions$23,990Total$34,200
Tax Record2022$1,391 ($116 / month)
Home Facts
Total Finished SqFt2,195 SqFtAbove Grade Finished SqFt2,195 SqFtStories2Lot Size7,492 SqFtStyleMulti-Family Dwelling (2-4)Year Built1908CountyLA PLATAAPN5665-293-08-001
Schools near 574 East 2nd Avenue
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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