3135 E 7th Avenue

Durango, CO 81301

About this property

Nice clean property currently being used as a duplex and zoned duplex/triplex with the city. One large front unit (5 BR, 2 BA) and a darling upstairs unit (1 BR, 1BA). Great location on quiet cul-de-sac surrounded by nice views and an easy two-block walk to Riverview Elementary for the kids and close to the river trail and Animas River. Both units have had numerous updates and have been kept up nicely. The front unit is vacant and has rented for $2,000 and the rear upstairs unit is currently rented for $1,000. The tenant seems to be an excellent one and has indicated his desire to stay; otherwise the lease is up next June, which may be negotiable. The property offers a plethora of potential floor plans, including turning it back into a single family home and the opportunity to have an upstairs master suite with its own office in front. That gives a lot of privacy since then kids, guests or roommates have plenty of room on the main floor. Use the income from the back unit to help qualify for the mortgage. Each unit has its own storage shed and the front unit has a spacious front yard area and a fenced in grassy area that would make a great dog run or garden. The back unit has its own private 2nd-floor deck overlooking the neighborhood. Lots of mature trees all around, some mountain and cliff views. Lovely Animas City neighborhood, nice and quiet but close to so many things in Durango.

Date Added
August 15, 2019
Listing Status
Active
Days On Site
165
MLS#
761975

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
1986
Garage
0
Pool
No
Story(s)
Property View
Yes
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$585,000 Active
0 Beds
0 Baths
2,296 SQFT

Presented By Coldwell Banker Distinctive Properties

Get in touch today! Phone: (877) 978-2978
Brokerage
Sun Valley Ketchum
(208) 622-3400
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Area Information

Durango In Town | La Plata County |

$ 585,000
This listing is play_arrow 41.0% higher than the average in the area
$ 415,000 in the area
2,296 SqFt
This listing is play_arrow 12.3% larger than the average in the area
2,044 SqFt in the area
$ 255 $/SqFt
This listing is play_arrow 25.5% more than the average in the area
$ 203 $/SqFt in the area
165 days on site
This listing is play_arrow 1275.0% above the average in the area
12 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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