425 South 5th Street
$700,000
4
4
2,185
2,185
$320
Description
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 2bedrooms (master suite and guest room) as well as 2 bathrooms, Cheery and sunny living room, and a beautiful kitchen. Each property has privacy, off...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 2bedrooms (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 don’t miss your opportunity to own 2 turnkey investment properties in an ideal downtown location!
- Listed by Elizabeth Spitzer • Phelps Real Estate Group
Property Details for 425 South 5th Street
Water Front
No
ZoningMixed-Use
Subdv NameMontrose City
LISTING UPDATED: 11/18/2024 07:18 AM
Property Details for 425 South 5th Street
Status | Active |
---|---|
MLS # | 815784 |
Days on Market | 161 |
Taxes | $233,316 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | RESIDENTIAL / Stick Built |
Year Built | 1902 |
Lot Size | 0.14 AC / 6,098 SF |
County | Montrose County |
Building Information for 425 South 5th Street
Stories1Year Built1902Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 425 South 5th Street
Property History for 425 South 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 425 South 5th Street
Taxable ValueLand$3,820Additions$31,750Total$35,570
Tax Record2023$2,083 ($174 / month)
Home Facts
Beds4Total Finished SqFt1,354 SqFtAbove Grade Finished SqFt1,354 SqFtStories1Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1902CountyMONTROSEAPN3767-273-39-010
Schools near 425 South 5th Street
This home is within Montrose County Re-1j School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Pomona Elementary School PublicK to 5 | ||
Centennial Middle School Public6 to 8 | ||
Montrose High School Public9 to 12 | ||
Black Canyon High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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