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  • $1,850,000

    610 E 3rd Avenue, Durango, CO 81301

    9beds
    5,069sqft
    : 
    Sixplex
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $365/sqft
    $-- HOA

    What's special

    Community laundry roomVictorian main homeTwo apartmentsOn-site parkingDedicated parking spacesLarge double lotThree-car garage
    Offered at $1,850,000 with a 6% cap rate, this is a rare opportunity to own a six-unit multi-family investment property in the heart of downtown Durango. The property consists of a Victorian main home (built in 1895) featuring two apartments and a detached 4-plex (built in 1992) with a three-car garage and community laundry room. Each unit offers on-site parking, with a total of seven dedicated parking spaces for tenant convenience. The property will bring in $11,100 in monthly income including rent from the 3 car garage and has benefited from recent capital improvements, including a new roof, HVAC systems, and sewer updates. With mixed-use zoning and an unbeatable downtown location close to shops, restaurants, and public transit, this investment offers strong rental performance and excellent long-term flexibility. Perfect for a 1031 exchange or investor looking for an optimally located building. The parcel is a large double lot - hard to find in Durango!
    29 days
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