1780 Cr 240
Durango, CO 81301

Description

This is a prime opportunity to purchase a solid cash flow Duplex while securing a prime developable lot in the Florida corridor. Current rents generate $3100 a month. The bordering lot to the South is also available to purchase for an additional $350,000, creating a substantial potential development opportunity. Similar sized lots have been approved for at least 10 units, potentially more available if both lots are combined. Buyer to verify with city.

Details

MLS#755503
Sub-TypeResale
StatusActive
Year1953
Days On Site141

Features

SQ Feet3,957
Units4

Market Activity 81301

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$599,000
low | high
Med:
$429,000
78.380634390651% of Average
SqFt:
3,957
low | high
Med:
1,644
100% of Average
$ / SqFt:
$151
low | high
Med:
$261
22.383108099874% of Average
On Site:
141
low | high
Med:
43
100% of Average
Listing Updated: 08/21/2019



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