3135 E 7th Avenue Durango CO Real Estate
Nice clean property currently being used as a duplex and zoned duplex/triplex with the city. One large front unit (5 BR, 2 BA) and a darling upstairs unit (1 BR, 1BA). Great location on quiet cul-de-sac surrounded by nice views and an easy two-block walk to Riverview Elementary for the kids and close to the river trail and Animas River. Both units have had numerous updates and have been kept up nicely. The front unit is vacant and has rented for $2,000 and the rear upstairs unit is currently rented for $1,000. The tenant seems to be an excellent one and has indicated his desire to stay; otherwise the lease is up next June, which may be negotiable. The property offers a plethora of potential floor plans, including turning it back into a single family home and the opportunity to have an upstairs master suite with its own office in front. That gives a lot of privacy since then kids, guests or roommates have plenty of room on the main floor. Use the income from the back unit to help qualify for the mortgage. Each unit has its own storage shed and the front unit has a spacious front yard area and a fenced in grassy area that would make a great dog run or garden. The back unit has its own private 2nd-floor deck overlooking the neighborhood. Lots of mature trees all around, some mountain and cliff views. Lovely Animas City neighborhood, nice and quiet but close to so many things in Durango.