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195 Silverview Ln #1-5, Durango, CO 81303

$1,295,000
  • —

    bed

  • 5

    bath

  • 3,556

    Sqft ($364/Sqft)

Multi-family for sale 47 hours

About 195 Silverview Ln #1-5

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Lot size 1.8 Acre
Property description
Exceptional multi-unit investment opportunity in Durango’s growing Grandview area! Situated on nearly 2 acres just minutes from Mercy Hospital and Three Springs, this fully rented fiveplex offers an established rental property with recent improvements throughout and an excellent location within one of La Plata County’s active development corridors. All five units have now been improved, with three units fully remodeled and the remaining two thoughtfully updated. The five residences are divided between two buildings, with two units in one structure and three in the other. The unit mix includes one 2-bedroom, 1-bath residence and four 1-bedroom, 1-bath residences, providing desirable smaller-footprint housing and a diversified rental configuration for an investor. The elevated property enjoys exceptional mountain views and nearly two acres of land, creating a surprisingly spacious setting while remaining convenient to Durango and nearby services. With all five units currently rented, improvements completed throughout the property, and continued residential and commercial activity in the surrounding Grandview and Three Springs areas, this is a unique opportunity to acquire an established multi-unit investment property in an evolving part of the Durango market.
Listed by
Listing Agent - Makala Jewell
Listing Agent Contact: 970-247-3948
Listing Office - EXIT Realty Home & Ranch
Source: Colorado Real Estate Network (CREN) mls logo
MLS#839488 • last updated 1 day ago
Movoto checked Colorado Real Estate Network (CREN) for data 5 minutes ago
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Overview
MLS # 839488
Status Active
SubType Multi Family
SqFt 3556
Virtual Tour External Link
Lot Size (Acres) 1.8
Year Built 1973
Interior
Total # of Bathrooms 5
# of Full Baths 5
Location
Subdivision Other
Area Durango Rural
Elementary School Florida Mesa K-5
Middle School Escalante 6-8
High School Durango 9-12
APN 566911104006
Multifamily Details
Total # of Units 5
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Around Durango Rural

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  • Real Estate
  • CO
  • La Plata County
  • Durango
  • 81303
  • 195 Silverview Ln #1-5

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