INVESTMENT OPPORTUNITY! 4 single family homes on 1.22 acres, next to city property just east of the river, with Main Street frontage. Family owned for decades, this rare opportunity to own multiple properties could be yours! Located across the street from the West Main Trail Head, approximately 1.5 miles of a new trail will connect to the existing river trail and proceed north along the river to the Montrose Urban Renewal Authority and Colorado Outdoors development. Each property has had some improvements and renovations done over the years, with very low to zero vacancy or issues renting. 3 Properties are currently rented month to month and one will become month to month starting at the end of June. The opportunities are endless for this location and concept. Potential for long term rental market properties or short term vacation rentals, next to river and trail, in downtown Montrose.

  • MLS# 753450
  • Sub-Type Resale
  • Status Active
  • Year 1963
  • Days On Site 214
SQ Feet 4,105
Units 4
Property View Yes
Listing Provided By:
Jamie Carver  of  Berkshire Hathaway HomeServices Western Colorado Properties
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $635,000
111.74%
$299,900 in 81403
this listing 4,105 SqFt
207.72%
1,334 SqFt in 81403
this listing $155 $/SqFt
31.19%
$225 $/SqFt in 81403
this listing 214 on site
39.38%
353 on site in 81403

Location

State CO
County Montrose
City Montrose
Zip Code 81403
Area Montrose City

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