421 W Main Street 411, 411 1/2, 345
Montrose, CO 81403

Description

INVESTMENT OPPORTUNITY! 4 single family homes on 1.22 acres, next to city property just east of the river, with Main Street frontage. Family owned for decades, this rare opportunity to own multiple properties could be yours! Located across the street from the West Main Trail Head, approximately 1.5 miles of a new trail will connect to the existing river trail and proceed north along the river to the Montrose Urban Renewal Authority and Colorado Outdoors development. Each property has had some improvements and renovations done over the years, with very low to zero vacancy or issues renting. 3 Properties are currently rented month to month and one will become month to month starting at the end of June. The opportunities are endless for this location and concept. Potential for long term rental market properties or short term vacation rentals, next to river and trail, in downtown Montrose.

Details

MLS#753450
Sub-TypeResale
StatusActive
Year1963
Days On Site183

Features

SQ Feet4,105
Units4
Property ViewYes

Market Activity 81403

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Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81403
AreaMontrose City
Listing VS Median (in 81403)
Price:
$635,000
low | high
Med:
$319,950
99.614173228346% of Average
SqFt:
4,105
low | high
Med:
2,007
100% of Average
$ / SqFt:
$155
low | high
Med:
$166
42.949197287738% of Average
On Site:
183
low | high
Med:
188.5
97.082228116711% of Average
Listing Updated: 07/20/2019
MLS Number: 753450
Listing Provided By:
Jamie Carver  of  Berkshire Hathaway HomeServices Western Colorado Properties



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