A triplex and also a duplex. 5 total units. Corner lot. Up and coming "LOMO" lower Montrose, on the new byway and across from the Distillery and 1/2 block to booming main st. Investors, this parcel is located in the designated "opportunity zone". Newer upgrades and some new windows and flooring and fencing. Great tenants , these units are in high demand and never vacant(waiting list to get in). Some units have fenced in yards, so they are more like homes/townhomes. Great income of over $37,000+ a year. Brand new $8,000 sidewalk installed. Add garages? Add carports for rent? Add more storage units for income? Add a washer/dryer room for income? Or just sit back and collect the 8%+ ROI !

  • MLS# 759501
  • Sub-Type Resale
  • Status Active
  • Year 1955
  • Days On Site 60
SQ Feet 2,470
Units 5
Listing Provided By:
Scott Elkins  of  Telluride Realty LLC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $354,000
45.98%
$242,500 in 81401
this listing 2,470 SqFt
62.82%
1,517 SqFt in 81401
this listing $143 $/SqFt
10.34%
$160 $/SqFt in 81401
this listing 60 on site
185.71%
21 on site in 81401

Location

State CO
County Montrose
City Montrose
Zip Code 81401
Area Montrose City

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