$649,900

3000 Highway 84 Highway

Pagosa Springs CO, 81147

Description

Opportunity to own a cash flow investment rental in Pagosa Springs. 2 Low Maintenance Duplexes situated on 3 acres with beautiful views just 5 minutes from downtown.No covenants! Duplexes have had 100% occupancy for 14 years. Rent/unit is $925-$1,100 with a current total gross of $4,025. One lease in place and others on a month to month allowing options for a new owner. With a 3 acre tract, the new owner could put up a small barn to allow for horses or 4-H activity (property is just 2 miles from the Archuleta County Fairground and 4-H facilities). This scenario would allow for increased rent or additional rent for barn facilities. Colorado Dream Home construction is known for low maintenance exteriors and 12 inch walls for hyper-energy efficiency. Tenants pay for utilities and plowing except water. Current owner maintained water in the past to ensure yards and meadows remained green and lush. Good scenario for an investment or owner occupant. Less than 1 mile to Echo Lake for fabulous trout and large mouth bass fishing. Less than 6 minutes to Historic Downtown Pagosa Springs where you can soak in the Pagosa Hot Springs, walk along the San Juan River walking path, fly fish the river, hike Reservoir Hill or take in one of the many trendy mountain restaurants or brew pubs. Enjoy 2.5 million-plus acres of the San Juan National Forest just minutes in almost any direction you drive, bike, walk or hike. Call for additional details on this rental; allow ample notice for showing to be courteous to longtime tenants.

Details

MLS#762288
Sub-TypeResale
StatusActive
Year2002
Days On Site55

Features

SQ Feet6,680
Units4
Property ViewYes

Market Activity 81147

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Area Information

StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS08 (Upper 84)
Listing VS Median (in 81147)
Price:
$649,900
low | high
Med:
$168,250
100% of Average
SqFt:
6,680
low | high
Med:
0
100% of Average
$ / SqFt:
$97
low | high
Med:
$0
100% of Average
On Site:
55
low | high
Med:
165.5
33.232628398792% of Average
Listing Updated: 10/17/2019
MLS Number: 762288
Listing Provided By:
Mike Heraty  of  The Source For Pagosa Real Estate



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