Development and investment potential is huge on this 0.89 acre parcel in-town Durango. Located just across the street from the Animas River and Animas City Park just North of the 32nd Street Bridge. You cannot get a better location for potential development. Surrounding properties are higher density so potential is there for multi-unit development. The first parcel, 150 E. 33rd Street, has a large home on nearly half an acre. The home consists of 5 bedrooms and 2.5 bathrooms. The home has a large living room on the south side of the house with vaulted ceilings and a large fireplace. Attached to this is a large family room with French doors out to a nice protected porch. Two large bedrooms are on the main level with two separate baths. The kitchen and dining area are connected to another living room with a second fireplace. Upstairs has 3 smaller bedrooms and an additional half bath. The home is in original condition. The second parcel in this listing is accessed off of E. 2nd Ave. This is also nearly a half an acre. There is a 1440 square foot duplex on this parcel as well as a one car detached garage. Only about a quarter of the lot is built on. The duplex layouts are identical just mirrored. Both have 2 bedrooms, 1 full bath and an open living/kitchen area. Each unit is getting $1200/month and are on month to month lease. Please check with the City of Durango Planning department as to the potential for adding units or redevelopment of these awesome in-town parcels.
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