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$354,000

27 N 1st
Montrose, CO 81401

For Sale|Multi-Family|Active
5 Beds
5 Baths
2470 SqFt
Built in 1955
69 Days Online
$143.32/SqFt
Subdivision:
montrose
County:
Montrose
Call Now: 720-613-9696
Is this the home for you? We can help make it yours.
720-613-9696
27 N 1st27 N 1st27 N 1st27 N 1st
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"Opportunity zone" state designation for tax advantages! A triplex and also a duplex. 5 total units. Corner lot. Up and coming "LOMO" lower Montrose, on the new byway and across from the Distillery and 1/2 block to booming main st. Investors, this parcel is located in the designated "opportunity zone". Newer upgrades and some new windows and flooring and fencing. Great tenants , these units are in high demand and never vacant(waiting list to get in). Some units have fenced in yards, so they are more like homes/townhomes. Great income of over $37,000+ a year. Brand new $8,000 sidewalk installed in 2019. Add garages? Add carports for rent? Add more address is off due to errors , the addresses are 120 +130 N 1st and 35 - 37- 39 N grand av storage units for income? Add a washer/dryer room/bld for income? Or just sit back and collect the 8%+ ROI !

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Listing Snapshot
Price
$354,000
Days Online
69 Days
Bedrooms
5
Inside Area (SqFt)
2,470 sqft
Total Baths
5
Partial Baths
N/A
Lot Size
0.28 Acres
Year Built
1955
MLS Number
2896397
Property Tax
$800
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Construction
AdobeOther
Construction Methods
Block
Parking Spaces
8
Income Type
5+ Plex (all units)
Lot Size
0.28
Seller Type
Corporation/Trust
Style
Ranch/1 Story
Interior Features
Cooling
None
Heating
Floor Furnace
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Exterior Features
Exterior
Covered PatioFence
Roof
Metal
View
City View
Community Features
Site
Corner Lot
Schools
School District
Montrose County Re-1J
Elementary School
Johnson
Middle School
Centennial
High School
Montrose
Listing Courtesy Of: Telluride Realty LLC



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Neighborhood & Commute
Source: Walkscore
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