3 months on rocket

470 Burns, Ignacio, CO, 81137

$795,000

Home List Price

$9,441*

Closing Credit

6 Full Baths, 6 Partial
5,760 SqFt
$138/SqFt
Multi

Location

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470 Burns, Ignacio$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
MLS #817806
Lot Size0.43 Acres
StatusActive

About 470 Burns

Looking for a solid multi family investment opportunity with room to increase rents and equity? This is it. Offering 6 total units, all 2 bedrooms and 1.5 bathrooms. The apartment is centrally located in Ignacio, walking distance to schools, grocery store, church, etc... The demand for rental units such as this has never been higher in our market place. The exterior was repainted and stucco repaired in 2020. The interiors (5 of 6 units) were all painted in 2020. Sellers have replaced 1 furnace and 2 hot water heaters during their ownership. They have also upgraded 2 units with LVP flooring. Stable income, consistent demand, opportunity to raise rents... investment properties like this one don't come up very often in our Durango area market. Act now!

Property Details

Property Features

Property Information:

  • Living Area: 5,760 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Southwest Associates, LLC
  • Listing Agent: Katherine Sumrall-Griego

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 6
  • Full Bathrooms: 6

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Other

Directions Information:

  • Directions: Ignacio, right at the Market Fresh, all the way to the alley off Burns Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $138/SqFt
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Housing Market Comparison

See how this home compares to others in Ignacio, CO.

Med. List Price

$639K

Med. Price/SqFt

$313

Avg. Days On Market

120

470 Burns vs Ignacio

101 DAYS ON ROCKET

-19 Days

$795,000

+$156K More

$138/SqFt

-$175 Less

KEY TAKEAWAY

This property is $156K more than the Median List Price and $175/SqFt less than other homes in Ignacio, CO.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Number: #817806

Listing Office:

  • Office Name: Keller Williams Realty Southwest Associates, LLC
  • Listing Agent: Katherine Sumrall-Griego

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).

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Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4315253
2
/10
  • Ignacio Elementary School

  • 85 County Road 320

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-4315254
5
/10
  • Bayfield Elementary School

  • 720 E Oak Dr

  • 8.77 miles

  • Public District Grades 2-5

school-card-donut-4315255
5
/10
  • Florida Mesa Elementary School

  • 216 Highway 172

  • 11.58 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,950. The most common annual income of people living in Ignacio, CO is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesColoradoLa Plata CountyIgnacio81137470 Burns

This home is located at 470 Burns in Ignacio, CO and zip code 81137. This 5,760 square foot home sits on a 0.43 acre lot. Features: 12 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $795,000.

The number of homes for sale in Ignacio, CO increased by 18.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $639,000, while the average time on the real estate market was 120 days.

From Rocket Homes Real Estate and based on county public records data.

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