$1,099,999

425 & 427 E Lakeside Drive

Bayfield CO, 81303

Description

Great income producing property perfectly located in Bayfield between the High School and Middle School. Consists of two four-plexes located on two over sized lots with potential to add additional units. This well maintained asset with long-term owners boasts a newly re-paved parking lot and immaculate manicured landscaping. With mostly long-term tenants this asset has value to add in both increasing rents and building more units to add to the already strong monthly rental income. Being in such close proximity to both schools and a short walk to the downtown area, the location is very desirable for renters. Please call for financials.

Details

MLS#758260
Sub-TypeResale
StatusActive
Year1995
Days On Site145

Features

SQ Feet7,751
Units8
Property ViewYes

Market Activity 81303

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Area Information

StateCO
CountyLa Plata
CityBayfield
Zip Code81303
AreaBayfield In Town
Listing VS Median (in 81303)
Price:
$1,099,999
low | high
Med:
$425,000
100% of Average
SqFt:
7,751
low | high
Med:
5,000
85.492194555541% of Average
$ / SqFt:
$142
low | high
Med:
$85
90.105854641686% of Average
On Site:
145
low | high
Med:
34
100% of Average
Listing Updated: 10/22/2019
MLS Number: 758260
Listing Provided By:
Zane Wells  of  The Wells Group of Durango Inc.



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