United StatesColoradoMontrose425 & 425 & 1/2 S 5th Street

425 & 425 & 1/2 S 5th Street
425 & 425 & 1/2 S 5th Street Montrose, Colorado 81401 United States

$695,000
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Looking for the perfect investment opportunity, this property is ideal. The homes are in a great location and have the added bonus of a constructed high end Accessory Dwelling Unit (ADU)on the property. Both homes were fully remodeled in 2020,...

Listing Courtesy of Phelps Real Estate Group, LLC

Listing Courtesy of Phelps Real Estate Group, LLC
4
Full Baths
2,185 Sq Ft.
Interior
.14 Acres
Exterior
Other
Property type
1902
Year Built
802515
Web Id
802515
MLS ID
Montrose City
Subdivision
42
days ago

About 425 & 425 & 1/2 S 5th Street

Looking for the perfect investment opportunity, this property is ideal. The homes are in a great location and have the added bonus of a constructed high end Accessory Dwelling Unit (ADU)on the property. Both homes were fully remodeled in 2020, with the main house having 4 bedrooms and 2 bathrooms, while the ADU offers an additional detached home with 2 bedrooms (master suite and guest room) as well as 2 bathrooms, Cheery and sunny living room, and a beautiful kitchen. Each property has privacy, off street parking, and a fenced backyard. Both homes are currently tenant occupied with excellent rental history and leases through January 2024. Please see associated documents for rents, exact lease dates etc. This property is conveniently located near amenities and downtown Montrose. Options are limitless with this property so dont miss your opportunity to own 2 turnkey investment properties in an ideal downtown location!

Listing Courtesy of Phelps Real Estate Group, LLC, CREN MLS

PROPERTY INFORMATION

Waterfront
No

ADDITIONAL INFORMATION

Number of Units
2
Listing Courtesy of Phelps Real Estate Group, LLC

Listing Courtesy of Phelps Real Estate Group, LLC

Listing Courtesy of Phelps Real Estate Group, LLC

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