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195 Silverview Lane 1-5, Durango, CO 81303

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For Sale

$1,198,000

3,556 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $336.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Makala Jewell, EXIT Realty Home & Ranch, C: 970-880-4196, makala@exitrealtydurango.com, www.crenmls.com: Exceptional Multi-Unit Investment Property in Fast-Growing Grandview Nearly 2 Acres with Mountain ViewsDiscover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata County s most active development corridors.Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildings two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the area s demand for quality, smaller-footprint housing.Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand.Don t miss this outstanding investment opportunity in one of Durango s most strategic growth areas with breathtaking views.
MLS# 823550

Courtesy Of EXIT Realty Home & Ranch

(970) 247-3948

Property Features

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

Map and Directions

Directions to 195 Silverview Lane 1-5, Durango, CO 81303

Home seller CENTURY 21 CapRock Real Estate

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 CapRock Real Estate

(970) 257-0500
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† 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.

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