Property Listing No Longer Available for Sale

1780 CR 240, Durango, CO

Multi-family for Sale - $599,000 - 3,957 Sq. Ft.


Property Info

CIMLS#1043112
Location
  1780 CR 240
  Durango CO 81301
UpdatedDecember 16th, 2019
TypeMulti-family
Price$599,000
Building3,957 Sq. Ft.

Property Description

This is a prime opportunity to purchase a solid cash flow four-plex while securing a prime developable lot in the Florida corridor. Current rents generate $3100 a month. The bordering lot to the South is also available to purchase for an additional $350,000, creating a substantial potential development opportunity. Similar sized lots have been approved for at least 10 units, potentially more available if both lots are combined. Buyer to verify with city.


Financials