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, known for their 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 largemouth 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 brewpubs. Enjoy 2.5 million-plus acres of 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.

  • MLS# 754697
  • Style House
  • Sub-Type Resale
  • Status Active
  • Year 2002
  • Days On Site 76
Bed(s) 12
Bath(s) 8 Full
SQ Feet 6,680
Garage 8
Story(s) 1 Story
Acreage 3.30
Taxes 4,422
Parking Attached
Heating Forced Air
Available Amenities Electric,Propane-Tank Leased
Listing Provided By:
Mike Heraty  of  The Source For Pagosa Real Estate
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $740,000
40.95%
$525,000 in Other
this listing 6,680 SqFt
261.28%
1,849 SqFt in Other
this listing $111 $/SqFt
60.98%
$284 $/SqFt in Other
this listing 76 on site
15.15%
66 on site in Other

Location

State CO
County Archuleta
City Pagosa Springs
Zip Code 81147
Area PS08 (Upper 84)
Community Name Other

Area Schools

Middle School Pagosa Springs 5-8
High School Pagosa Springs 9-12

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