For Sale, USD 1,050,000
3226 West 4th Avenue, Durango, CO, 81301, Durango, Colorado, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 3,888 ft² / 361 m²
Land Size : 10,890 ft² / 1,012 m² Convert Land Size
Bedroom : 7
Bathroom : 7
Half Bathroom : 7
MLS#: 835962
Property Description
ATTENTION INVESTORS & HOUSE-HACKERS: Opportunities to acquire a cash-flowing, turn-key multifamily asset with gross income of $6,400 per month ($3,600/mo North Unit; $2,800/mo South Unit) are increasingly rare in-town. This well-maintained duplex features no HOA restrictions, a 30-day minimum rental allowance for maximum strategy flexibility, and a massive $50,000 capital improvement upgrade in 2024 that includes new luxury vinyl plank flooring, fresh interior paint, updated lighting, new blinds, new toilets, some new windows, and upgraded appliances (new dishwashers, refrigerator, and dryer). Boasting low CapEx risk, the property also features new main roofs from 2019 and new carport roofs from 2024. The expansive 2,448 sq ft North Unit (4 BR/3.5 BA with a 2004 addition) and the highly rentable 1,440 sq ft South Unit (3 BR/2.5 BA) both enjoy east-facing decks with sweeping Animas River Valley views, a shared view-centric backyard with a fire pit, dedicated carport parking, and outdoor storage sheds. Situated in a premier, zero-vacancy location just half a block from the Animas Mountain Trailhead, three blocks from the Animas River, walking distance to North City Market, and a short drive to downtown Durango and Purgatory Resort, this asset is primed for a pure buy-and-hold or a luxury house-hack.
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3226 West 4th Avenue, Durango, CO 81301, United States,Colorado,Durango is a 3,888ft² Durango luxury Multi-Family Home listed for sale USD 1,050,000. This high end Durango Multi-Family Home is comprised of 7 bedrooms and 7 baths. Find more luxury properties in Durango or search for luxury properties for sale in Durango.