Active

544 E 4th Avenue Unit: A & B

Durango CO, 81301

$985,000


$588.76 per sqft

Active

5 Beds

4 Baths

1,673 sqft

Residential

Built in 1898

Courtesy of Alpenglow Properties LLC with Listing Contact: 970-382-1162 

Historic charm meets modern functionality! This amazing little home in the heart of downtown Durango, CO has a recently constructed two-wing ADU and offers incredible versatility with income potential for any buyer. The main 3 bed / 2 bath home has a cute fenced front yard with covered front porch, inviting you to experience all of the charm of living on the grid. The front room of the home includes a living area, kitchenette, and 3/4 bathroom. The ground level also features a full-size kitchen, 2nd bathroom with a lovely clawfoot bathtub, and a bedroom with closet allowing for true main level living. Upstairs are two more bedrooms with two toilets and sinks. Exit out the back of the home through the mud room that houses the washer and dryer hookups, and step onto the back patio with FOUR separate sheds. The rear ADU is city approved and was recently constructed in 2018. The construction of the ADU allowed for the home to modernize the plumbing and electric systems for the entire property, with a brand new main plumbing line running from the city connection to the home. The ADU boasts vaulted ceilings adorned by beautiful tongue and groove slats with two 3/4 bathrooms, two living areas/bedroom, one full kitchen, one kitchenette and two lofted sleeping areas. The building is designed to function as two highly functional studio spaces offering maximum earning potential and privacy with three private off-street parking off of the alley. The main home currently achieves $3,400 in monthly rent, and the recently constructed two-tenant ADU rakes in another $2,675/month,creating a monthly income of $6,075 (utilities included). Tenant in main home is on month to month and willing to sign 12-month lease,tenants in ADU have lease through August '25. Come see this amazing downtown home and see how this funky Durango gem is just right for you!

820052

MLS ID

December 20, 2024

Listed

December 20, 2024

Updated

Map

544 E 4th Avenue Unit: A & B
Durango CO, 81301

Interior Features

Bedrooms

5


Total Bathrooms

4


Full Bathrooms

1


Three-Quarter Bathrooms

3


Interior Features

Tongue and Groove Ceiling(s), In-Law Floorplan, Mud Room, Vaulted Ceiling(s)


Appliances

Cooktop, Oven, Range, Refrigerator


Laundry Description

Washer Hookup


Floor Description

Hardwood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Porch, Patio, Shed

School Information

High School

Durango 9-12


Elementary School

Park K-5

Other Property Details

Area Name

Durango In Town


Taxes

$2,064


Tax Frequency

Annually


Garage

No


View

No


County

La Plata


Pool

No

Courtesy of Alpenglow Properties LLC with
Listing Contact: 970-382-1162 


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Data last updated on: 12/20/2024

 

 

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