589 HWY 172 Durango CO Real Estate
You will want to see this one! A brand new, never been lived in, two unit home with 3 beds and 2 baths on one side and 2 beds and 2 baths on the other. The home is a true-modular duplex style construction built by Karsten. Construction is complete and ready for occupancy. Live in one side, rent out the other. Use one side for guests, or use both as a rental. The sky is the limit. A comparable property in the neighborhood sold for $425,000. Investors, based on a rental income of $2600 a month the CAP rate is coming in at 7.25%. The home is roughly located 15 minutes from downtown Durango, 10 minutes to the Durango La Plata Airport, and 5 minutes to Mercy Regional Medical Center, and minutes from Florida Mesa Elementary School.