Durango, CO 81301,2970 Main Avenue

$6,900,000

Est. payment /mo

$6,900,000

Est.Price: ?

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2970 Main Avenue Durango, CO 81301

22,690 SqFt

SOLD DATE : 11/10/2021

Key Details

Sold Price $6,900,000

Property Type Multi-Family

Sub Type Apartment Bldg.

Listing Status Sold

Purchase Type For Sale

Square Footage 22,690 sqft

Price per Sqft $304

Subdivision Animas City

MLS Listing ID 784841

Sold Date 11/10/21

Style Other

Year Built 1962

Annual Tax Amount $5,728

Tax Year 2021

Lot Size 0.940 Acres

Acres 0.94

Property Description

This completely remodeled and fully City and Fire District inspected and permitted conversion into apartments has excellent occupancy and income. The location is ideal for many employees in the North Main and downtown business areas, with the trolley stop directly in front of the property. There is adequate parking on site, two laundry areas and convenient walking distance to north City Market, many restaurants and bars in the corridor, the Durango Recreation Center and Animas River Trail. With the current cost of housing and increased rental rates, the smaller units are popular for many reasons. There is quality internet and television services available to all tenants (there is a surcharge for the internet) and the Landlord pays all utilities, taxes and insurance.

Location

State CO

County La Plata

Zoning Other

Rooms

Basement Basement-unfinished, Crawl Space

Interior

Cooling Other

Flooring Carpet, Vinyl

Furnishings Furnished

Exterior

Waterfront No

View Mountains

Roof Type Metal,Other

Building

Story Two Story

Foundation Basement-unfinished, Crawl Space

Sewer City Water

Water City Water

New Construction No

Schools

Elementary Schools Riverview K-5

Middle Schools Miller 6-8

High Schools Durango 9-12

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Colorado Real Estate Network (CREN) + Sold
Listed by The Wells Group of Durango, Inc.

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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