Active
350 E 8th Avenue
Durango CO, 81301
$4,350,000
$465.24 per sqft
Active
9,350 sqft
Multi-family
Built in 1948
Courtesy of eXp Realty, LLC with Listing Contact: 406-381-8947
Welcome to an exceptional investment opportunity in the heart of Durango, CO, a rare find in a town with limited apartment complexes. This 29-unit apartment complex offers significant upside potential, including the opportunity to increase rents. The majority of the units have been recently remodeled, featuring stylish, modern updates that tenants desire. Each remodeled unit boasts contemporary kitchens with new cabinetry, countertops, and appliances. Freshly updated bathrooms, new flooring, and modern paint palettes provide a sleek, inviting atmosphere. The property is designed to appeal to today's renters while offering long-term investment growth. With its prime location on the grid in Durango, the complex is located walking distance to grocery stores, shopping, laundry mat, horse gulch for mountain biking and hiking, and Fort Lewis collage. This apartment complex offers not only immediate income potential but also the possibility of future value appreciation. Don't miss this rare chance to own in a thriving market with room to grow.
818459
MLSⓇ ID
October 2, 2024
Listed
November 8, 2024
Updated
Map
350 E 8th Avenue
Durango CO, 81301
Interior Features
Total Stories
1
Appliances
Cooktop, Oven, Range, Refrigerator
Floor Description
Vinyl
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.51 Acres
Architectual Style
Garden Apartment
Sewer
Public Sewer
School Information
High School
Durango 9-12
Elementary School
Park K-5
Other Property Details
Area Name
Durango In Town
Taxes
$5,844
Tax Frequency
Annually
Days on Market
16
Garage
No
Parking
Concrete, Off Street, Paved, Parking Space(s)
View
No
County
La Plata
Water Source
Public
Pool
No
Courtesy of eXp Realty, LLC with
Listing Contact: 406-381-8947
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
©COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK 121 N Park Avenue, Suite #4, Montrose, CO 81401. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Real estate listings held by companies other than eXp Luxury will feature the respective company’s name.
Data last updated on: 11/8/2024