Duplex Condominium Residential/Commercial. Built in 2002. Unit 1 - Ground Level, 642 sq. ft. 3 rooms, 2 storage areas and a private bath with shower. Commercial space rented for $1238/month. Unit 2 - Upper Level, 722 sq.ft. Residential or additional commercial space, rented for $1000/month. Sellers have owned the unit for 4.5 years and have had no vacancies in either unit. Each unit has a keyed entrance off a foyer. The 2 units share one meter for LPEA and one for ATMOS. Monthly TOTAL for the past year for both units has averaged $144 for both units per month. Both units benefit from a 3,000-watt solar system designed to produce 4,725 k Wh of electricity each year. HOA fees include landscaping, trash, water, sewer, exterior insurance, exterior maintenance, snow removal. There are two HOA entities involved. Rock Point and the Tech Center. TOTAL HOA fees are $247.00 monthly. Property grounds are managed by AREM. The 6/30/17 actual property valuation was $369,670. The tax bill for 2018 paid in 2019 was $2,616. Easy access to Downtown Durango (bike route!), nearby biking and hiking trails make this a special place to own. Excellent mountain views! Upstairs balcony. Owners are willing to finance with 20% down at 5% for 30 years. Payment at this rate would be $1588/month. 5.6% CAP RATE.

  • MLS# 751745
  • Style Condominium
  • Sub-Type Resale
  • Status Active
  • Year 2002
  • Days On Site 152
Bed(s) 2
Bath(s) 2 Total
SQ Feet 1,365
Story(s) Two Story
Taxes 2616
Heating Forced Air
Available Amenities Electric,Natural Gas,Solar,Cable TV,Internet
Listing Provided By:
Denise Danilov  of  Keller Williams Realty Southwest Associates LLC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $370,000
3.27%
$382,500 in Durango Tech
this listing 1,365 SqFt
2.09%
1,337 SqFt in Durango Tech
this listing $271 $/SqFt
5.36%
$286 $/SqFt in Durango Tech
this listing 152 on site
15.15%
132 on site in Durango Tech

Location

State CO
County La Plata
City Durango
Zip Code 81301
Area Durango In Town
Community Name Durango Tech

Area Schools

Middle School Miller 6-8
High School Durango 9-12

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