Pending

860 & 856 E 4th Avenue

Durango CO, 81301

$1,250,000


$877.81 per sqft

Pending

4 Beds

2 Baths

1,424 sqft

Residential

Built in 1896

Courtesy of RE/MAX Pinnacle with Listing Contact: 970-946-0601 

Charming Downtown Durango Property with Dual Income Potential Welcome to a rare opportunity in the heart of Downtown Durango! Situated just two blocks from Main Avenue, this unique property offers the ideal combination of prime location, income potential, and modern upgrades. Large lot featuring two separate residences, each currently generating rental income. Unit 1: A cozy, remodeled smaller home with a new solar energy system for eco-conscious living. Unit 2: A larger residence offering plenty of space and character, with tenants already in place. Income Potential: Whether you're an investor or looking to maximize your living situation, this property has endless possibilities. Live in one unit and enjoy rental income from the other. Both units are ready to generate immediate returns from long-term tenants or short-term rentals (subject to local regulations). Unbeatable Location: Just a 2-block walk from Main Avenue's bustling restaurants, breweries, shops, and galleries, this location provides the perfect blend of urban convenience and small-town charm. With easy access to trails, parks, and local events, you'll experience the best of what Durango has to offer--all without needing a car! Don't miss this chance to own a versatile, income-producing property in one of Durango's most desirable neighborhoods. Whether you're looking for a primary residence with rental income or a smart investment in the vibrant downtown market, this property checks all the boxes. Schedule a showing today and discover the possibilities!

818764

MLS ID

October 14, 2024

Listed

November 8, 2024

Updated

Map

860 & 856 E 4th Avenue
Durango CO, 81301

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Upper Level Primary


Appliances

Dryer, Dishwasher, Refrigerator, Washer


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Electric

Exterior/Building Features

Exterior Features

Shed


Architectual Style

Victorian


Roof

Composition, Metal


Sewer

Public Sewer

School Information

High School

Durango 9-12


Elementary School

Park K-5

Other Property Details

Area Name

Durango In Town


Days on Market

3


Garage

Yes


Garage Spaces

2


Parking

Attached, Garage


View

No


County

La Plata


Water Source

Public


Pool

No

Green Building Features

Green Features

Solar

Listing History

Date

Event

Price

10/17/2024

Pending

Courtesy of RE/MAX Pinnacle with
Listing Contact: 970-946-0601 


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Data last updated on: 11/8/2024

 

 

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