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150 Rock Point Drive #D Durango CO Real Estate

Duplex Condominium Residential/Commercial. Built in 2002. Unit 1 - Ground Level, 642 sq ft. 3 rooms, 2 storage areas and a private bath. Commercial space, currently vacant. Previous rents averaged 1,238/mo. Unit 2 - Upper Level, 722 sq.ft.. Residential or additional commercial space, rented @ 1000/month thru 5/31/19. Sellers have owned the unit for 4.5 years and have had no vacancy in the ground level unit. Each unit has a keyed entrance off a foyer. The 2 units share one meter for LPEA and one for ATMOS. Monthly TOTAL for the past year for both units has averaged $126. Both units benifit from a 3,000-watt solar system designed to produce 4,725 k Wh of electricity each year. HOA fees include landscaping, trash, water, sewer, insurance, exterior maintenance, snow removal. There are two HOA entities involved. Rock Point and the Tech Center. TOTAL HOA fees are $1233.50 paid bi-annually. Property is managed by AREM. The 6/30/17 actual valuation was bill for $369,670. The tax bill for 2017 paid in 2018 was $2,558.28.Easy access to Downtown Durango (bike route!), nearby biking and hiking trails make this a special place in town. Excellent mountain views! Upstairs balcony. Owners are willing to finance with 10% at 5.5% for 30 years. Caution: Balcony door automatically locks behind you.