736 E 5th St, Durango, CO 81301

This downtown triplex is a fantastic investment opportunity! Newly remodeled with added square footage and masterfully redesigned floor plan, this is a great opportunity to own a wonderful rent generating property in a prime downtown location. Close to downtown, Fort Lewis College, dining, shopping and easy access to transportation - this property is sure to go fast. The property includes 6 designated off street parking spots, a lockable gear storage shed for each unit, as well as outdoor patio areas. Two of the units have been fully remodeled from floor to ceiling. Unit #3 has been completely redone with modern finishes throughout. The bright and sunny two bedroom, one bath unit features wood floors, stainless steel appliances, new windows in the bedrooms, stand up glass shower, all new cabinetry and counter tops in the kitchen and a private concrete patio. This unit rents for $1345/month. Unit #2 has ample sunlight throughout and features 2 bedrooms and 1 bath, wood floors, stainless steel appliances, glass shower, modern paint and updated fixtures. This unit rents for $1295/month. Unit #1 is a 411 square foot studio featuring a full kitchen, loft bed and 3/4 bath. This unit is currently rented for $950/month. This property has an immense income potential with rents nearing $3,600 per month. Allow this property to pay for itself while generating income on the side. The in town location of this property is highly sought after in the rental market and will continue to be a great income generating property and investment for years to come. This opportunity won't last long, call today to schedule your showing.