562 E 1st Street, Durango, CO 81301 | Listings

562 E 1st Street, Durango, CO 81301

  • $885,000
  • 2 Beds
  • 2 Full Baths
  • 1,972 sq ft
  • Year Built: 1931
  • Multi-Family
  • Listing #809638

Property 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 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.

Listing Details

Price$885,000
Bedrooms2 Beds
Bathrooms2 Full Baths
Year Built1931
Property TypeMulti-Family
Listing #809638
StatusActive
CountyLa Plata
Listing TypeFor Sale

Interior Features

Square Feet1,972
FloorsCarpet, Tile
Heating and CoolingNatural Gas

Exterior Features

ExteriorStone, Stucco
RoofMetal
Lot Size0.19 acres

Miscellaneous

MLS AreaDurango In Town

Courtesy of Christine Serwe, The Wells Group of Durango, LLC

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This content last updated on 5/6/2024 12:26 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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