Turn key investment opportunity awaits! Take a look at this clean and updated duplex in downtown Montrose, Colorado. The upstairs unit includes 3 bedrooms, 1 bathroom, a spacious living room, dining area and full kitchen. The downstairs unit includes 3 bedrooms (one non-conforming), one bathroom, living room, dining area and full kitchen. The interior of the property has been updated both upstairs and down with new paint, floors, a new upstairs shower and a full kitchen and bathroom rehab in the downstairs unit. In addition to tasteful interior updates, the new owner will find a newly installed privacy fence as well as a spacious detached garage that could make an ideal shell for an ADU as this property is located in the REDO District in the City of Montrose. This beautifully updated property is ready for new ownership and new tenants. CAP Rate of last rental agreement was approximately 7%. Call for your personal tour today!
| Price | $441,500 (sold: 2/8/2023) |
|---|---|
| Bedrooms | 6 Beds |
| Bathrooms | 2 Partial Baths |
| Year Built | 1921 |
| Property Type | Multi-Unit |
| Listing # | 800458 |
| Status | Sold |
| Listing Type | For Sale |
| Square Feet | 2,223 |
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| Lot Size | 0.14 acres |
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| Virtual Tour URL | https://www.youtube.com/watch?v=uArw0EiCv-M |
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Courtesy of Your Team, NextHome Virtual
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Estimated taxes and insurance are not included. Mortgage calculator source: NextHome, Inc.
