$2,495,000
$2,495,000
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275 & 295 Confluence Avenue Durango, CO 81301
4 Beds
16 Baths
8,317 SqFt
Key Details
Sold Price $2,495,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 8,317 sqft
Price per Sqft $299
Subdivision Three Springs
MLS Listing ID 793001
Sold Date 09/01/22
Bedrooms 4
Full Baths 8
Three Quarter Bath 8
Year Built 2009
Annual Tax Amount $6,630
Tax Year 2022
Lot Size 0.280 Acres
Acres 0.28
Property Description
This is a great investment opportunity to own two fourplex apartments (8 total units) in the heart of the Three Springs Community. These eight apartments are all currently rented. They offer two different floor plans with 896 square feet on the first floor and 928 square feet on the second floor. Each unit features two bedrooms, two full baths, a washer/dryer, appliances, fire sprinklers, and a private rear patio/deck. The units have been well maintained with new carpet and paint in between tenants, a perfect turn key investment. Additionally each unit is separately metered for gas and electric, and the both roofs were replaced in 2021. They are located in the Three Springs community just six miles east of downtown Durango. Three Springs features restaurants, a gym, offices, a convenience store, access to trails, Mercy Regional Medical Center, and more. There are a plethora of activities and events here as well as public transportation to downtown and just eight miles from Durango – La Plata County Airport. Connected to the Grandview/Three Springs development area there is a large number of businesses providing conveniences to all of the residents.
Location
State CO
County La Plata
Zoning Residential Multi Family
Interior
Flooring Carpet, Vinyl
Furnishings Unfurnished
Building
Story Two Story
Sewer City Water, District Sewer
Water City Water, District Sewer
New Construction No
Schools
Elementary Schools Florida Mesa K-5
Middle Schools Escalante 6-8
High Schools Durango 9-12
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