$749,900    ♡   Montrose, CO 81401 5 bed 3 bath 3,280 SqFt ($228/SqFt) 1.06 acre lot. Built 1978 Listed 2024-01-27, Taxes $2,072 | ✓ USDA Eligible near Montrose, CO Restrictions may apply due to home size |
Introducing an exceptional real estate opportunity for savvy investors and business owners!
Nestled on a sprawling 1-acre lot, this expansive property, this single family residence has undergone extensive renovations and upgrades to cater to a unique and profitable rental market. Currently housing tenants in a 'frat' house style set up, it's generating substantial income. Recent renovations and updats include a brand new septic system, roofing, HVAC, electric, plumbing, remodeled kitchen, windows/doors, flooring and so so so much more.
What truly sets this property apart is its zoning designation, opening the door to an array of lucrative ventures such as group homes, supportive housing and more. Don't miss out on this potential goldmine seize the opportunity to make this property work for your investment portfolio or business expansion dreams. Contact us today to explore the infinite possibilities!
Presented by Debi Harmon, C2EX, CRS, GRI, SFR, REALTOR at
20 Sleeps West Real Estate.
Property MLS #810480 from CREN
Full Bathrooms: 2
1/2 Bathrooms: 1
Heating Features: Forced Air
Heating Fuel: Natural Gas
Flooring: Carpet-Partial, Laminate
Lot Size Square Feet: 46174
Calculated Total Monthly Association Fees: 0
High School: Montrose 9-12
Middle School: Centennial 6-8
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Montrose
Current Use: Residential
Directions: From San Juan Avenue, to 6530 Road, turn N. to property on the left.
Tax Year: 2023
Source Property Type: RESIDENTIAL
Possible Use: Residential, Commercial, Industrial, Mixed-Use
Area: Montrose City
Source Neighborhood: Montrose City
Zoning: Industrial
Property Subtype: Stick Built
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $26,280 + $3,410 $29,690 | $2,072 |
| 2021 | $27,030 + $3,510 $30,540 | $2,133 |
| 2020 | $23,660 + $1,940 $25,600 | $1,740 |
| 2019 | $39,260 + $5,110 $44,370 | $3,036 |
| 2018 | $33,900 + $4,940 $38,840 | $2,727 |
| 2017 | $33,900 + $4,940 $38,840 | $2,705 |
| 2016 | $31,480 + $4,440 $35,920 | $2,461 |
| 2015 | $31,480 + $4,430 $35,920 | $2,411 |
| 2014 | $31,190 + $4,210 $35,400 | $2,382 |
| 2013 | $31,190 + $4,210 $35,400 | $2,229 |
| 2012 | $36,000 + $7,130 $43,130 | $2,694 |
| 2011 | $56,700 + $930 $57,630 | $3,408 |
| 2010 | $unknown + $unknown $57,470 | $3,545 |
| 2009 | $unknown + $unknown $57,470 | $3,347 |
| 2008 | $unknown + $unknown $55,570 | $2,804 |
| 2007 | $unknown + $unknown $55,570 | $2,777 |
$749,900
CREN
Sold 2017-11-14
$360,000
Public Record
Listing removed 2017-11-14
$360,000
CREN
Relisted 2017-08-01
$360,000
CREN
Listing removed 2017-07-18
$259,000
CREN
Year Built: 1978
Construction Materials: Wood Frame
Foundation Details: Basement-walk out
Property Age: 46
Property Attached: No
Roof: Metal
Levels or Stories: 2, 3 Story+
Year Remodeled: 2023
Water Source: City Water
Water Well: No
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.