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Durango 81301
562 E 1st Street
$885,000
Multifamily - For Sale

562 E 1st Street

Durango, CO 81301
bedrooms
Studio
bathrooms
0 Bath
square feet
1972 Sqft
$4,346
Estimated Monthly

About This Property

Christine Serwe, The Wells Group of Durango, LLC, O: 970-375-3360, [email protected], www.ChrisSerwe.com: Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid!  Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs.  Downstairs there are 3 bedrooms (one currently being used as a large walk-in closet) and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen.  Unit 1 has a bedroom in front, just off the living room, with the other 2 bedrooms in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard.  Unit 2 has a separate fenced side entrance to the staircase leading up to the unit.  Here you will find a cozy 2 bedroom 1 bath apartment.  Both units have wood and tile flooring.  There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval.  The property borders the Parkside Terrace townhomes, and both units are currently leased.  There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.

The manager has listed the unit size as 1972 square feet.
Unit Size
1,972Ft²
Days on Market
176 days
Land Size
0.19 acres
Price per sqft
$449
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1931

Listed By

Christine Serwe
The Wells Group of Durango, Inc.
Last updated: 6 months ago (CRENCO #809638)

Price History

Date / Event Date Event Price
Dec 6, 2023 Listed by The Wells Group of Durango, LLC $885,000
Listed by The Wells Group of Durango, LLC
Aug 25, 2008 Sold to Karl M Massaro, Sean M Massaro $470,000
Sold to Karl M Massaro, Sean M Massaro
Jun 10, 2005 Sold to Ben J Jason, Jason Holly J ... $352,500
Sold to Ben J Jason, Jason Holly J ...

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,080 ft²
$470/ft²
$977,000 Mar 1, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

562 East 1st Street 562 East 1st Street, Durango, CO 81301
  • 1 Unit for Sale
More about this Building
562 East 1st Street
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About Durango


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