United StatesColoradoDurangotbd E 6th Ave & E. 30th Street

tbd E 6th Ave & E. 30th Street
tbd E 6th Ave & E. 30th Street Durango, Colorado 81301 United States

$1,625,000
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ATTENTION DEVELOPERS/INVESTORS. Every now and then a rare find becomes available in the City Limits and these 2 adjoining parcels with a combined lot size of approx. 1.827acs represents one of those finds. PARCEL #1, 5665-163-00-026, is vacant...
Listing Courtesy of Coldwell Banker Distinctive Properties
Contract Pending
$1,625,000
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1.82 Acres
Exterior
Single Family Homes
Property type
789366
Web Id
789366
MLS ID
Durango 9-R
School District
Riverview K-5
Elementary
Miller 6-8
Middle
Durango 9-12
High
This Property is Currently Contract Pending

About tbd E 6th Ave & E. 30th Street

ATTENTION DEVELOPERS/INVESTORS. Every now and then a rare find becomes available in the City Limits and these 2 adjoining parcels with a combined lot size of approx. 1.827acs represents one of those finds. PARCEL #1, 5665-163-00-026, is vacant land consisting of approx. 1.19acs currently platted as 3 City lots and has been used as a community garden that will vacate at the end of September 2022. This land offers end of the road privacy backing up to the hillside below Riverview Elementary School with easy level access from existing City streets. City utilities cross the property and one City water tap is currently in use and included. Explore possible ideas with the City for multiple homes or even one ultimate in-town estate sized single family compound. This parcel is accessed off of E 30th St and E. 6th Ave. Call for details. PARCEL #2, 5665-163-00-027, adjoins these 3 City lots to the south located at 242 Riverview Drive consisting of approx. 0.637acs with a 3 bedroom, 2 bath house with a 2 car garage. This parcel is accessed off of Riverview Drive. Owning both parcels may offer the potential to do a boundary adjustment subject to City Planning approval. Buyers are advised to discuss all plans or ideas directly with City Planning and Public Works. This house located at 242 Riverview has been recently remodeled with a new roof, new roof top solar system, new carpet, new appliances, new fencing, new irrigation system in front yard with 5 new trees, new sod to be completed this Spring in the front and both sides of the fenced area, and it has 2 A/C split units. This home could be sold separately but together these combined properties might afford more development options to explore. Or keep this home for monthly investment income as you develop the adjoining vacant land parcel. Seller will sell the house off separately for $675,000 but first wanted to offer both parcels together. If a Buyer of the adjoining property described above did not want to purchase this home at 242 Riverview then the existing 3 City Lots on 1.19acs could be purchased for $950,000. Lots of potential especially with the very low in-town home inventory. Don't overlook exploring all possibilities with the City of Durango to build out this unique in-town residential infill opportunity. Property taxes shown are 2021 Assessor estimates for the combined total of the House at 242 Riverview and the separate 3 adjoining City lots.

Listing Courtesy of Coldwell Banker Distinctive Properties

Last Updated: 01/18/2022.

features

lot description
Cul-de-sac
Additional Listing Type
In Contract

PROPERTY INFORMATION

Sewer
Sewer Tap Available
Listing Courtesy of Coldwell Banker Distinctive Properties
Listing Courtesy of Coldwell Banker Distinctive Properties



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