275-295 Confluence Avenue

Durango, CO 81301

$2,060,000
Last Sold Price
4
Beds
16
Baths
8,317 Sq. Ft.
$248 / Sq. Ft.
8,317
Sq. Ft.
$248
per Sq. Ft.

Description

This is a great investment opportunity to own two fourplex apartments (8 total units) in the heart of the Three Springs Community. These eight apartments are all currently rented. They offer two different floor plans with 896 square feet on the first floor and 928 square feet on the second floor. Each unit features two bedrooms, two full baths, a washer/dryer, appliances, fire sprinklers, and a private rear patio/deck. The units have been well maintained with new carpet and paint in between tenants,...This is a great investment opportunity to own two fourplex apartments (8 total units) in the heart of the Three Springs Community. These eight apartments are all currently rented. They offer two different floor plans with 896 square feet on the first floor and 928 square feet on the second floor. Each unit features two bedrooms, two full baths, a washer/dryer, appliances, fire sprinklers, and a private rear patio/deck. The units have been well maintained with new carpet and paint in between tenants, a perfect turn key investment. Additionally each unit is separately metered for gas and electric, and the both roofs were replaced in 2021. They are located in the Three Springs community just six miles east of downtown Durango. Three Springs features restaurants, a gym, offices, a convenience store, access to trails, Mercy Regional Medical Center, and more. There are a plethora of activities and events here as well as public transportation to downtown and just eight miles from Durango – La Plata County Airport. Connected to the Grandview/Three Springs development area there is a large number of businesses providing conveniences to all of the residents.
  1. Listed by Max Hutcheson • The Wells Group of Durango, Inc.

Property Details for 275-295 Confluence Avenue

Water Front
No
Zoning
Residential Multi Family
Subdv Name
Three Springs

Location

Listing Courtesy of The Wells Group of Durango, Inc., Max Hutcheson

Sold By The Wells Group of Durango, Inc., Stuart Way

Add your commute
LISTING UPDATED: 09/01/2022 10:16 AM

Property Details for 275-295 Confluence Avenue

StatusSold Inner Office
MLS #793001
Days on Market119
Taxes$6,631 / year
HOA Fees$738
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Other
Year Built2009
Lot Size0.28 AC / 12,196 SF
CountyLa Plata County

Location

Listing Courtesy of The Wells Group of Durango, Inc., Max Hutcheson

Sold By The Wells Group of Durango, Inc., Stuart Way

Add your commute

Virtual Tour

Building Information for 275-295 Confluence Avenue

Stories2Residences8Year Built2009Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$12,533 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,242

Property Taxes

$553

HOA Dues

$738

The Payment Calculator is for illustrative purposes only.

Property Information for 275-295 Confluence Avenue

Summary
Location and General Information
  • Directions: Hwy 160 to Three Springs Blvd to Confluence
Owner
  • Owner Name: GFP 3S Apartments LLC
Parking
  • Carport Y/N: No
  • Garage Y/N: No
  • Parking Spaces: 12
  • PARKING: 10-20 Total Spaces
School Information
  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
Taxes and HOA Information
  • HOA/Metro Fees: 738
  • HOA/Metro Fees Frequency: Quarterly
  • Tax Account ID: R435519 & R435518
  • HOA Name: Three Springs
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: Yes
  • Other Transfer Fees Y/N: Yes
  • Tax Year: 2022
  • Total Taxes $: 6630.60
Virtual Tour
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Subdivision: RESUB LOT 143 BLK 8 THREE SPRGS VILL 1 FIL 2A Lot: 143B PER PLAT 1100455 275 CONFLUENCE AVE DURANGO 81301 & Subdivision: RESUB LOT 143 BLK 8 THREE SPRGS VILL 1 FIL 2A Lot: 143A PER PLAT 1100455 295 CONFLUENCE AVE DURANGO 81301
  • Photo Count: 20
  • New Construction Y/N: No
  • Covenants Y/N: YES
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: .5 - .99
  • Parcel ID #: 5.66902203171E11
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Total # Water Meters: 8
  • Total # Gas Meters: 8
  • Total # Electric Meters: 8
  • Domestic Water/Sewer: City Water, District Sewer
  • Metered: Metered for Electricity, Metered for Gas, Metered for Water
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 8
  • Residence Stories: Two Story
Unit 1 Information
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Baths: 2
  • Unit 1 Square Feet: 896.0
Unit 2 Information
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 2
  • Unit 2 Square Feet: 928.0
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 8
  • 1/4 Baths: 0
  • Total Baths: 16.00
  • Primary Bedroom: Main Level
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Florring: Carpet, Vinyl
  • Appliance Inclusions: Dishwasher, Dryer, Exhaust Fan, Range/Oven, Refrigerator, Washer
Exterior Features
  • Horse Setup: No

Property History for 275-295 Confluence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 275-295 Confluence 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
Florida Mesa 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Wells Group of Durango, Inc., Max Hutcheson

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.