Rare investment opportunity in the heart of downtown Montrose, Colorado with 2 homes on 3 city lots! The property has been tastefully renovated to include a detached 657 sq ft ADU, perfect for additional rental income or to be used as a guest home for friends and family. The additional dwelling unit has a full sized kitchen, washer/dryer, tiled shower, t&g pine ceiling, recessed lighting, bedroom with closet, and private outdoor space. The main home boasts a kitchen renovation to include vaulted ceilings, recessed lighting, gas range, engineered red oak flooring, new cabinets and appliances, an eight foot butcher block island, separate coffee bar, and open shelving. The endless counter space and open floor plan make the kitchen and living room space a dream come true for hosting gatherings. The entertainment extends outside to the back and sides with a fenced yard, new grass, mulched beds, hot tub, and plenty of privacy. Enjoy the lovely shade trees in the front yard from your adorable porch. Just steps away is a wonderful sidewalk system allowing for nice morning, afternoon, and evening strolls. With distance from the busier roads but impeccable proximity to the downtown shops and restaurants, bike paths, schools, churches and hospital, you have it all with this location. The two homes have separate utilities running to each house on individual meters, separate water and sewer taps and new sewer lines to both homes, making the ease of rental a breeze. In addition to all the updates the sellers have made, a brand new 30-year roof will be completed on the home before the end of August. If one-of-a-kind homes in great neighborhoods are what you've been searching for, schedule your home tour today!
Off market
Zestimate®
$635,900
1221 & 1/2 S 3rd St, Montrose, CO 81401
4beds
2,474sqft
SingleFamily
Built in 1912
9,583 Square Feet Lot
$635,900 Zestimate®
$257/sqft
$2,631 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Interior area
- Total interior livable area: 2,474 sqft
Property
Lot
- Size: 9,583 sqft
Details
- Parcel number: 376727109007
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1912
Community & neighborhood
Location
- Region: Montrose