COBY D WIEGERT, THE WELLS GROUP, CELL: 970-946-5949, email@example.com, www.crenmls.com: In town Development property for a possible 32 max units on 2.7 acres. Currently gets income of about $2400 month for the main home and double wide. There is a 3rd apartment above garage not used. According to City Planning, the formula for #units is based on gross land size. The new planning zone for this property allows up to 12 units per acre. (2.7 x 12 = 32 max units with a 30-50% open space requirement). Buyer shall further investigate with City Planning and Buyer architect to Buyer's satisfaction.
JUDI MORA, RE/MAX PINNACLE, CELL: 970-799-1870, firstname.lastname@example.org, http://www.judimora.remaxagent.com: Investors, you don't want to miss this unusual property and rare opportunity to develop a former B & B into something income producing. There are currently five to seven "suites" of various sizes and orientations that could be converted into small apartments, adult co-housing, multi generational housing, or perhaps a hostel. This freshly updated residential/commercial/ multi family zoned property is located directly across the street from the City's new boat launch on Animas View Drive, on the trolley line, and in the fabulous Animas Elementary school district. The property features wonderful red cliff and Animas River views. Inside, there is a large kitchen, multiple gathering areas featuring artistic fireplaces, a large foyer entry with incredible wood detailing and a large water feature, and up to 6 or 7 "suites" that could be used in a great variety of ways. The entire basement is easy to access and built out, and currently houses the laundry room. It could be used for tenant storage options. The lot and house to the north may be available for purchase with this property as well, but is not listed. Ample parking exists, with much more space available for parking in the large back yard area. Or the backyard could be converted back into the fantastic gardens and outdoor space it use to be. If you are a creative investor looking for an in town multi-family option or project, this is the one!
MIKE MCALINEY, HARMONY REAL ESTATE, LLC, CELL: 970-759-2546, email@example.com, http://harmonydurango.com/: Excellent location close to the College and Downtown Durango with gross income of $54,600. Tenants pay all utilities. Off street parking.
KRISTIN C DALY, THE WELLS GROUP-MOUNTAIN RESORT PROPERTIES, OFF: 970-385-7797, firstname.lastname@example.org, www.wellsgroupmountainresort.com: Bear Ranch, more recently referred to as Haviland Lake Ranch, has a comforting and nostalgic presence in the north county. Once a commercial establishment, favorite to many local and visitor's alike, quaint bar and full service restaurant and lodging. This iconic European-style architecture suits this alpine and meadow setting beautifully with easy access off Hwy. 550. Haviland Lake is to the east and south, within a reasonable walking distance, and there are sweet views of the Hermosa Cliffs, Needle Mountains, and Engineer Peak. This one-of-a-kind property has preserved it's laid-back warmth and charm of the late 70's era, and the early days of the resort community. A truly great and rare opportunity with several possibilities. Currently rented as a tri-plex, in high demand.
ZANE WELLS, THE WELLS GROUP, , email@example.com, www.crenmls.com: This duplex on West 2nd Avenue is zoned as duplex/triplex and boasts a newer garage on the rear of the lot with oversized/ head doors with ability to fit two plus sized cars and additional storage above. The upstairs 1bed/1bath unit has access from both the front and back of house via the deck and is a great income generating unit. The ground floor unit has 3 bedrooms and one bath with laundry and washer/dryer. This could be an owner user play or a purely an income producing asset close to the downtown action and in a great location on the West Side avenues of North Main.
This well maintained duplex is conveniently located near downtown! The cute upper portion is a 1 bedroom/1 bath with a nice kitchen, large deck, lots of windows and open space. Feels like a treehouse! Perfect for a college student or couple. The lower unit is a 3 bedroom/1 bath with all the charm of a 100 year old home but the in great condition. This home could be converted to a single family home is so desired.