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425 & 425 & 1/2 S 5th Street

Montrose, CO 81401
  • $695,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 802515
UPDATED: 46 min ago
$695,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,185
    SQFT
  • $318
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1902
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Phelps Real Estate Group, Llc: 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 2 bedrooms (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 2023. 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 The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-05-31T23:56:30.957.
www.thehowegroup.co/homes/138694059
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425 & 425 & 1/2 S 5th Street Montrose, CO 81401

  • Price: $695,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 46 min ago
  • MLS #: 802515
0
Beds
4
Baths
0
½ Baths
0.14
Acres
2,185
SQFT
$318
$/SQFT
1902
Built
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose Se
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 2 bedrooms (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 1/2 Carport No Garage No Property Attached No Stories One Story Water Well No Waterfront YN No

Interior Features

One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 2 Unit1 Bedrooms 2 Unit1 Square Feet 1354 Unit2 Baths 2 Unit2 Bedrooms 2 Unit2 Square Feet 831

Property Features

Covenants No Green Certification No Hoa No Horse Setup No Multi Story No New Construction YN No Property Mngr Best Reo Lender Owned No Tax Year 2022 Total Electric Meters 2 Total Gas Meters 1 Total Taxes $1676.96 Total Water Meters 2 Type Other Unit1 Monthly Rent 1850 Unit2 Monthly Rent 1550 Water Rights No Year Remodeled 2020

[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 2023. 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 The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2023-05-31T23:56:30.957.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Phelps Real Estate Group, Llc: 970-964-4246.