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  • $875,000

    400 S Pythian Avenue, Montrose, CO 81401

    9beds
    0baths
    3,498sqft
    Quadruplex
    Built in 1974
    -- sqft lot
    $900,900 Zestimate®
    $250/sqft
    $1,644 Estimated rent

    Owner options

    List your home for rent

    $1,644/mo

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    $1,644/mo

    Rent Zestimate®

    Refinance and save

    $4,774/mo

    Est. payment

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    $4,774/mo

    Est. payment

    What's special

    Welcome to this fantastic investment opportunity in the heart of the thriving rental market! Presenting a well-maintained 4-plex, this property boasts a solid rental history with long-term tenants, making it an ideal addition to any investor's portfolio. Built in 1974, this two-story building offers two units on each level, providing a desirable mix of layouts to attract a variety of renters. Unit 2 stands out with its generous 3 bedrooms, 1 bath, and a convenient 2-car garage, while the remaining units offer comfortable 2 bedroom, 1 bath layouts, each with access to a detached storage shed. Tenants will appreciate the included appliances—range/oven, refrigerator, and dishwasher—in every unit. With separate metering for gas and electric, tenants take responsibility for utilities, while the owner covers water/sewer/trash expenses, ensuring a hassle-free investment. Recent updates including new furnaces, hot water heaters, refurbished showers, replaced bathroom fixtures, re-painted, and upgraded windows enhance the property's appeal and value. Additionally, the sewer line and plumbing have been modernized, providing peace of mind for years to come. Don't miss out on this opportunity to own a turnkey income-producing property in a sought-after location—schedule your viewing today! Serious inquiries only, please be prepared to provide proof of qualifications to purchase.

    Zillow last checked: 8 hours ago

    Listing updated: April 08, 2024 at 06:42pm

    Listed by:

    Debra Harmon 970-901-5131,

    20 Sleeps West Real Estate

    Bought with:

    Mario Ramirez, FA100083036

    NextHome Virtual

    Source: CREN,MLS#: 811237MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 0
    Dining room
    • Features: Kitchen/Dining
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Flooring: Carpet, Vinyl
    Interior area
    • Total structure area: 3,498
    • Total interior livable area: 3,498 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 376727405001
    • Zoning description: Residential Multi Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: City Sewer
    • Water: City Water
    • Utilities for property: Metered for Electricity, Metered for Gas

    Community & neighborhood

    Location
    • Region: Montrose
    • Subdivision: Other

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional