26814 US HWY 160 Unit: Multiple

Property Description

RARE opportunity to own a multi- family property on 4.1 acres with 400 feet of peaceful ANIMAS RIVER FRONTAGE! Directly downstream from Purple Cliffs Gold Medal fishing. Held by the same family for decades, this property is ideal for a private residence, generational living, passive income, 1031/721 exchange needs and has upside through rent increase to current market levels. Recent investments of approximately $40,000 include a new roof, exterior paint and a new river walkway.This well maintained property is fully rented and boasts a very strong rental history.Three separate buildings contain 9 seperate, individually metered dwelling units. Two studio apartments, four one bedroom apartments, a two bedroom apartment, a two bedroom house and a three bedroom house.Plus there is an 880 Sq. ft. shop building Enjoy tranquil, secluded living along the ANIMAS RIVER located just five miles south of historic downtown Durango.Tenants and owners can sit outsid eand enjoy the relaxing sounds that only a river front property offers. Don't miss this rare combination of versatility acreage, river frontage and location.

Overview

Property Status

For Sale

Lot Size

4.17 Acres

MLS ID

832767

Property Type

Multi-Family

Year Built

1963

Are you interested?

Schedule a Tour

Keith Darner

(970) 946-0101 [email protected]

Features & Amenities

Total Area

5,974 Sq.Ft.

Neighborhood

Twin Buttes

Architecture Styles

Garden Apartment, Other

Water Frontage

River Front

View Description

River

Stories

Garage Spaces

1.0

Water Source

Public

Roof

Metal

Parking

Common, Detached, Garage, Off Street, Paved, Parking Space(s)

Heat Type

Electric, Propane

Fireplace

Free Standing

Appliances

Dryer, Dishwasher, Oven, Range, Refrigerator, Washer

Sewer

Public Sewer

Other Exterior Features

Shed

Elementary School

Open Enrollment

Middle School

Escalante 6-8

High School

Durango 9-12

Sales Price

$2,900,000

Real Estate Tax

$4,852/yr

Schedule a Tour

I would love to help you see this beautiful home! As a real estate agent, I can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 26814 US HWY 160 Unit: Multiple, Durango, CO 81303

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