Introducing an exceptional real estate opportunity for savvy investors and business owners! Nestled on a sprawling 1-acre lot, this expansive property, this single family residence has undergone extensive renovations and upgrades to cater to a unique and profitable rental market. Currently housing tenants in a 'frat' house style setup, it's generating substantial income. Recent renovations and updates include a brand new septic system, roofing, HVAC, electric, plumbing, remodeled kitchen, windows/doors, flooring and so so so much more! What truly sets this property apart is its zoning designation, opening the door to an array of lucrative ventures such as group homes, supportive housing, and more. Don't miss out on this potential goldmine - seize the opportunity to make this property work for your investment portfolio or business expansion dreams. Contact us today to explore the endless possibilities!
Mls | 810480 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 1978 |
Days On Site | 321 |
Listing Provided By | 20 Sleeps West Real Estate | Debra Harmon |
Beds | 5 |
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Baths | 3 Total |
Sq Feet | 3,280 |
Car Port | Yes |
Basement | Y |
Storys | 2 |
Zoning | Industrial |
Acreage | 1.06 |
State | CO |
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County | Montrose |
City | Montrose |
Zip Code | 81401 |
Area | Montrose City |
Community Name | Other |
School District | Montrose 9-12 |
Elementary School | Northside K-5 |
Middle School | Centennial 6-8 |
High School | Montrose 9-12 |
Listing VS Median (in Other) | |
Price: $749,900 low | high Med: $498,750 SqFt: 3,280 low | high Med: 1,499 $ / SqFt: $229 low | high Med: $341 On Site: 321 low | high Med: 62.500000 |