562 E 1st Street, Durango, CO 81301
Local realty services provided by:CENTURY 21 West Slope Realty
562 E 1st Street,Durango, CO 81301
$725,000
- - Beds
- 2 Baths
- 1,972 sq. ft.
- Multi-family
- Active
Listed by: christine serwe, stuart way
Office: wells group real estate970-259-6680
MLS#:830228
Source:CO_CREN
Price summary
- Price:$725,000
- Price per sq. ft.:$367.65
About this home
Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 2 bedrooms, an office and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other bedroom and office in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard. Unit 2 has a separate fenced side entrance to the staircase leading up to the unit. Here you will find a cozy 2 bedroom, 1 bath apartment. Both units have wood and tile flooring. There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval. The property borders the Parkside Terrace townhomes, and the upstairs unit is currently leased. There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College....
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Home facts
- Year built:1931
- Subdivision & Development:Other
- Listing ID #:830228
- Added:319 day(s) ago
- Updated:October 18, 2026 at 02:14 PM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Tile
- Kitchen Description:Range/Oven, Refrigerator
- Living area:1,972 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:1931
- Building area:1,972 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Stone, Stucco
- Levels:1.5 Story
Schools
- High school:Durango 9-12
- Middle school:Escalante 6-8
- Elementary school:Park K-5
Utilities
- Water:City Water
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$367.65
Features and amenities
- Amenities:Unfurnished
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