Description

Looking for a solid multi family investment opportunity with room to increase rents and equity? This is it. Offering 6 total units, all 2 bedrooms and 1.5 bathrooms. The apartment is centrally located in Ignacio, walking distance to schools, grocery store, church, etc... The demand for rental units such as this has never been higher in our market place. The exterior was repainted and stucco repaired in 2020. The interiors (5 of 6 units) were all painted in 2020. Sellers have replaced 1 furnace and 2 hot water heaters during their ownership. They have also upgraded 2 units with LVP flooring. Stable income, consistent demand, opportunity to raise rents... investment properties like this one don't come up very often in our Durango area market. Act now!

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Listed by: Katherine Sumrall, Broker Associate