Dashboard

Dashboard

Log In Instantly...

Kim Rodgers

Realtor®

  • Cell 970-799-4001
Questions?

2263 W 3rd Avenue, Durango, CO – $895,000

  • $895k Price
  • 5,385 Sqft
  • .21 Acres
  • $895k Price
  • 5,385 Sqft
  • .21 Acres

2263 W 3rd Avenue

Bringing in a potential $6,200/month or $74,400 gross rents at 100% occupancy, this 5 unit apartment complex has a cap rate of 7.6% in Durango, CO! Looking for an investment opportunity in Durango's tight rental market? Or live above the 4 units in the 4BR home/2BA unit and rent the other 4 units for $4,200/month, this 5 Unit Multi-Family Income property a few blocks from Main/550 and is located within walking distance of all schools, Rec Center, Grocery stores, liquor stores, Animas River Trail, the Public library, bike & hike trails, medical facilities, shopping, etc... Fully leased, this property offers four 2 bedroom/1 bath units and one 4 bedroom/2 bath unit. There is off-street parking for both the front and rear of the property as well as private storage closets for each unit. Current rental income is $72,600.00/yr (4 X $1,050 and 1 X $2,000/month or $6,050/mo or $72,600/year gross.)

Schedule a Tour

Thu 22 Aug

Fri 23 Aug

Sat 24 Aug

Sun 25 Aug

Mon 26 Aug

Tue 27 Aug

Wed 28 Aug

Thu 29 Aug

Fri 30 Aug

Sat 31 Aug

Sun 01 Sep

Mon 02 Sep

Tue 03 Sep

Wed 04 Sep

Thu 05 Sep

Pick your availability to tour:

to

Essential Information

  • MLS® #758762
  • Price$895,000
  • Full Baths6
  • Square Footage5,385
  • Acres0.21
  • Year Built1977
  • TypeMulti-Family
  • Sub-TypeFiveplex
  • StatusActive

Community Information

  • Address2263 W 3rd Avenue
  • AreaDurango In Town
  • SubdivisionNone
  • CityDurango
  • CountyLa Plata
  • StateCO
  • Zip Code81301

Amenities

  • Parking10-20 Total Spaces

Interior

  • StoriesTwo Story

School Information

  • ElementaryNeedham K-5
  • MiddleMiller 6-8
  • HighDurango 9-12

Additional Information

  • Days on Website72

Listing Details

  • OfficeRE/MAX Pinnacle
Please provide a valid email address.

Price Change History for 2263 W 3rd Avenue, Durango, CO (MLS® #758762)

Date Details Change
Status Changed from NEW to Active

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2016. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to ulimited license rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than RE/MAX Pinnacle contain that company's name.
Fair Housing Disclaimer