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470 Burns Ave., Ignacio, CO 81137

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For Sale

$715,000

5,760 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $124.13
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Phil Schoon, Keller Williams Realty Southwest Associates, LLC, C: 970-769-2857, pschoon@kw.com, www.crenmls.com: 470 Burns Ave., in Ignacio, Colorado, just 20 minutes south of Durango, is a stable multi family, income producing property. The property has six, two bedroom, one and one-half bath, 960 SF units. The apartment is centrally located in Ignacio and walking distance to schools, grocery store, restaurants, and more. Ignacio is the headquarters of the Southern Ute Indian Tribe which is currently the largest employer in La Plata County, and a multi faceted enterprise generating millions of dollars each year for La Plata and Archuleta Counties. Ignacio, and specifically 470 Burns Ave., offers affordable housing solutions for locals and their families. Operating at nearly 100% occupancy, 12 months out of the year, 470 Burns is a very stable investment opportunity offering an nearly 8% cap rate, making it a compelling investment alternative to treasury bonds or stocks. If interested, call your preferred local realtor for more information.
MLS# 829165

Courtesy Of Keller Williams Realty Southwest Associates

(970) 247-3840

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.44 Acres

Map and Directions

Directions to 470 Burns Ave., Ignacio, CO 81137

Home seller CENTURY 21 SoWesCo Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 SoWesCo Realty

(505) 325-2100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.