228 E 6th Avenue, Durango, CO 81301

2 structures on a 7500 sq ft lot in downtown Durango. Less than 2 blocks away from the Horse Gulch Trail System. West unit fronting 6th Ave is 1728 sq ft and east unit off the alley is 528 sq ft. Plenty of parking for RV's, boats, trailers, etc....Low annual taxes of only $943.32. Seller has never seen the property and is selling "as-is" with no Seller's Property Disclosure. Value is mostly in the land and conventional residential financing is not likely possible due to the amount of rehab work both structures need. Private financing terms offered: 35% down is 10.5% interest. 40% down is 10% interest. 45% down is 9.5% interest. 50% down is 9% interest. 2% loan origination fee. Amortization and balloon are negotiable with interest only financing terms possible.