Looking for a solid multi family investment opportunity with room to increase rents and equity? This is it. Offering 6 total units, all 2 bedrooms and 1.5 bathrooms. The apartment is centrally located in Ignacio, walking distance to schools, grocery store, church, etc... The demand for rental units such as this has never been higher in our market place. The exterior was repainted and stucco repaired in 2020. The interiors (5 of 6 units) were all painted in 2020. Sellers have replaced 1 furnace and 2 hot water heaters during their ownership. They have also upgraded 2 units with LVP flooring. Stable income, consistent demand, opportunity to raise rents... investment properties like this one don't come up very often in our Durango area market. Act now!
MLS# | 817806 |
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Listing Type | For Sale |
Style | Town House / Duplex |
Sub-Type | Resale |
Status | Active |
Year | 1973 |
Days On Site | 37 |
Listing Provided By | Keller Williams Realty Southwest Associates, LLC | Katherine Sumrall-Griego |
Bath(s) | 12 Total |
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SQ Feet | 5,760 |
Units | 6 |
Acreage | 0.43 |
State | CO |
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County | La Plata |
City | Ignacio |
Zip Code | 81137 |
Area | Ignacio In Town |
School District | Ignacio 9-12 |
Elementary School | Ignacio K-6 |
Middle School | Ignacio 7-8 |
High School | Ignacio 9-12 |
Listing VS Median (in 81137) | |
Price: $795,000 low | high Med: $664,500 SqFt: 5,760 low | high Med: 2,010 $ / SqFt: $138 low | high Med: $372 On Site: 37 low | high Med: 26.000000 |