Introducing a fantastic investment opportunity at 623 and 625 S 1st Street, Montrose, CO, 81401! This charming property features a 2-bedroom bungalow with a bonus back porch space, as well as an adorable 1-bedroom Accessory Dwelling Unit (ADU) in the rear off of the alley. Nestled on a spacious 6250 square feet lot, this delightful property is perfect for investors or homeowners looking to generate income from a second unit. Currently housing great tenants who would love to stay, both units exude charm and character. The bungalow boasts a peaceful, fenced yard, while the ADU offers its own charming outdoor space. Experience the convenience of a prime downtown location, with easy access to all amenities including the hospital. This property presents a unique opportunity for traveling nurses or those considering a vacation rental business. Or live in one unit and rent out the other. Explore the endless possibilities that this charming property has to offer. Don't miss out on this incredible opportunity in beautiful Montrose Colorado– schedule your viewing today!
Sold cren member
$415,000
623 and 625 S 4th Street, Montrose, CO 81401
3beds
1,542sqft
Stick Built
Built in 1904
6,229.08 Square Feet Lot
$441,800 Zestimate®
$269/sqft
$1,971 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 18, 2023 at 01:43pm
Listed by:
Joni Klein 970-258-0056,
Coldwell Banker Distinctive Properties
Bought with:
Kristen Hughes
Tree Realty, LLC
Source: CREN,MLS#: 804145
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Range, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet-Partial, Hardwood
- Has fireplace: Yes
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,542
- Total interior livable area: 1,542 sqft
Property
Features
- Levels: One,Two
- Stories: 2
Lot
- Size: 6,229 sqft
Details
- Parcel number: 376727323009
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Stick Built
Materials
- Wood Frame, Vinyl Siding, Wood Siding
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Montrose
- Subdivision: Other
Other
Other facts
- Road surface type: Paved