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425 S 5th Street, Montrose, CO 81401

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For Sale

$700,000

4 beds • 4 baths • 2,185 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $320.37
    Price per square foot

Explore this Property

Elizabeth J Spitzer, Phelps Real Estate Group, C: 970-901-1181, spitzerej@msn.com, www.crenmls.com: 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!
MLS# 815784

Courtesy Of Phelps Real Estate Group, LLC

(970) 964-4246

Property Features

  • Amenities
    Dock
  • Architecture Style
    Stick
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 425 S 5th Street, Montrose, CO 81401

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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