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425 S 5th Street

Montrose, CO 81401
  • $700,000
  • STATUS: Active
  • ON SITE: 155 Days
  • MLS #: 815784
UPDATED: 7 min ago
$700,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,185
    SQFT
  • $320
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1902
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Phelps Real Estate Group: 970-964-4246.


Description

Looking for the perfect investment opportunity, this property is ideal. The homes are in a great location and have the added bonus of a constructed high end Accessory Dwelling Unit (ADU)on the property. Both homes were fully remodeled in 2020, with the main house having 4 bedrooms and 2 bathrooms, while the ADU offers an additional detached home with 2bedrooms (master suite and guest room) as well as 2 bathrooms, Cheery and sunny living room, and a beautiful kitchen. Each property has privacy, off street parking, and a fenced backyard. Both homes are currently tenant occupied with excellent rental history and leases through January 2024. Please see associated documents for rents, exact lease dates etc. This property is conveniently located near amenities and downtown Montrose. Options are limitless with this property so dont miss your opportunity to own 2 turnkey investment properties in an ideal downtown location!

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[Colorado Real Estate Network] logo 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, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-12-13T15:56:55.967.
www.destinationdro.com/homes/152457547
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425 S 5th Street Montrose, CO 81401

  • Price: $700,000
  • Status: Active
  • On Site: 155 Days
  • Updated: 7 min ago
  • MLS #: 815784
4
Beds
4
Baths
0
½ Baths
0.14
Acres
2,185
SQFT
$320
$/SQFT
1902
Built
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
Elementary School:
Pomona K-5
Middle School:
Centennial 6-8
High School:
Montrose 9-12
Property Description
Looking for the perfect investment opportunity, this property is ideal. The homes are in a great location and have the added bonus of a constructed high end Accessory Dwelling Unit (ADU)on the property. Both homes were fully remodeled in 2020, with the main house having 4 bedrooms and 2 bathrooms, while the ADU offers an additional detached home with 2bedrooms (master suite and guest room) as well as 2 bathrooms, Cheery and sunny living room, and a beautiful kitchen. Each property has privacy, off street parking, and a fenced backyard. Both homes are currently tenant occupied with excellent rental history and leases through January 2024. Please see associated documents for rents, exact lease dates etc. This property is conveniently located near amenities and downtown Montrose. Options are limitless with this property so dont miss your opportunity to own 2 turnkey investment properties in an ideal downtown location!
Exterior Features

Acreage Range Less than .25 Carport No Construction Type Wood Frame Garage No Property Attached No Roof Asphalt Sewer Source Public Sewer Siding Wood Stories One Story Street Description City/TownPaved Style Ranch Utilities ElectricInternetNatural GasPhone - Cell Reception Water Source City Water Water Well No Waterfront YN No

Interior Features

Additional Living Quarters Yes Appliance Inclusions DishwasherDisposalRange TopRange/OvenRefrigerator Flooring Carpet-PartialLaminate Foundation Basement Crawl Space Heating Fuel Source Natural Gas Master Bedroom Level Main Level One Quarter Baths 0 Total Office Dens 0 Water Heater Gas Water Heater

Property Features

Current Use Residential Green Certification No Hoa No New Construction YN No Possible Property Use Residential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2024 Total Taxes 233316 Water Rights No Zoning Mixed-Use

[Colorado Real Estate Network] logo 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, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-12-13T15:56:55.967.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Phelps Real Estate Group: 970-964-4246.