544 East 4th Avenue, Unit A & B
$985,000
5
4
1,673
1,673
$589
Virtual Tour
Description
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,...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!
- Listed by Dan Korman • Alpenglow Properties LLC
- Listed by Christian Caldwell • Alpenglow Properties LLC
Property Details for 544 East 4th Avenue, Unit A & B
Water Front
No
ZoningMixed-Use
Subdv NameCity of Durango
LISTING UPDATED: 12/20/2024 08:53 AM
Property Details for 544 East 4th Avenue, Unit A & B
Status | New |
---|---|
MLS # | 820052 |
Days on Market | 1 |
Taxes | $2,064 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | RESIDENTIAL / Stick Built |
Year Built | 1898 |
Lot Size | 0.10 AC / 4,356 SF |
County | La Plata County |
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Building Information for 544 East 4th Avenue, Unit A & B
Stories-Year Built1898Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 544 East 4th Avenue, Unit A & B
Property History for 544 East 4th Avenue, Unit A & B
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 544 East 4th Avenue, Unit A & B
This home is within Durango 9-R School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Park Elementary School PublicPK to 5 | ||
Escalante Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
Durango Big Picture High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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