United StatesColoradoDurangoGrandview Five-Plex

Grandview Five-Plex
195 Silverview Lane Durango, Colorado 81303 United States

$695,000
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GRANDVIEW FIVE-PLEX – Exceptional investment opportunity near Three Springs & Mercy Hospital. Multi-unit residential complex on nearly two acres with long term tenants on month-to-month leases. This area of Durango is growing by leaps and bounds...
Kayden Hyson
  • Real Estate Professional
743 Main Avenue
Durango, Colorado 81301 United States
Lesley Gannon-Meiering
  • Real Estate Professional
743 Main Avenue
Durango, Colorado 81301 United States
6
Bedrooms
5
Full Baths
2,531 Sq Ft.
Interior
1.8 Acres
Exterior
Multi-Family Homes
Property type
1973
Year Built
GQHM2D
Web Id
783118
MLS ID
This Property is Currently Contract Pending

About 195 Silverview Lane

GRANDVIEW FIVE-PLEX – Exceptional investment opportunity near Three Springs & Mercy Hospital. Multi-unit residential complex on nearly two acres with long term tenants on month-to-month leases. This area of Durango is growing by leaps and bounds and is expected to surge with new nearby housing and commercial developments. Unit 1 is 2 beds, 1 bath and rents for $1200 per month. Unit 2 is 1 bed, 1 bath and rents for $900 per month. Unit 3 is 1 bed, 1 bath and rents for $750 per month. Unit 4 and 5 are both 1 bed, 1 bath and rent for $700 each per month. Total is $4250 per month for all five units. Owner pays utilities. Utilities are well water, South Durango sanitation for sewer, propane, and LPEA. Pre-approval letter from local lender and/or proof of funds required from buyer before confirmation of showings.

features

Parking
No Garage
lot description
near bike paths, Level, Mountain Views, Wooded, Jogging / Biking Path, Access Type Road, Open
Style
1 Level Ranch
Additional Listing Type
In Contract
This Durango Multi-Family Homes is for Sale at $695,000 USD and was built in 1973. Has 2,531 Sq.Ft. on a lot of 1.8 Acres and it's composed from 6 bedrooms, 5 full baths.

 

Kayden Hyson
  • Real Estate Professional
743 Main Avenue
Durango, Colorado 81301 United States
Lesley Gannon-Meiering
  • Real Estate Professional
743 Main Avenue
Durango, Colorado 81301 United States
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