27 North 1st Montrose Co 81401

Montrose, CO 81401

$350,000
Last Sold Price
5
Beds
5
Baths
2,470 Sq. Ft.
$142 / Sq. Ft.
2,470
Sq. Ft.
$142
per Sq. Ft.

Description

"Opportunity zone" state designation for tax advantages! A triplex and also a duplex. 5 total units. Corner lot. Up and coming "LOMO" lower Montrose, on the new byway and across
from the Distillery and 1/2 block to booming main st. Investors, this parcel is located in the designated "opportunity zone". Newer upgrades and some new windows and flooring and fencing. Great tenants , these units are in high demand and
never vacant(waiting list to get in). Some units have fenced in yards, so they are more
..."Opportunity zone" state designation for tax advantages! A triplex and also a duplex. 5 total units. Corner lot. Up and coming "LOMO" lower Montrose, on the new byway and across
from the Distillery and 1/2 block to booming main st. Investors, this parcel is located in the designated "opportunity zone". Newer upgrades and some new windows and flooring and fencing. Great tenants , these units are in high demand and
never vacant(waiting list to get in). Some units have fenced in yards, so they are more like homes/townhomes. Great
income of over $37,000+ a year. Brand new $8,000 sidewalk installed in 2019. Add garages? Add carports for rent? Add more

address is off due to errors , the addresses are 120 +130 N 1st and 35 - 37- 39 N grand av
storage units for income? Add a washer/dryer room/bld for income? Or just sit back and collect the 8%+ ROI !
  1. Listed by Scott Elkins • Telluride Realty LLC

Property Details for 27 North 1st Montrose Co 81401

Architectural Style
Bungalow
View
City
Levels
One
Subdivision Name
montrose
Association
No
Basement
No

Location

Add your commute
LISTING UPDATED: 03/04/2020 01:26 PM

Property Details for 27 North 1st Montrose Co 81401

StatusClosed
MLS #2896397
Days on Market84
Taxes$800 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1955
Lot Size0.00 AC / 0 SF
CountyMontrose County

Location

Add your commute

Building Information for 27 North 1st Montrose Co 81401

Stories-Residences5Year Built1955Lot Size0.00 AC / 0 SF

Payment Calculator

$1,977 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 27 North 1st Montrose Co 81401

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2470
  • Living Area (SqFt Finished): 2470
  • Above Grade Finished Area: 2470
  • PSF Total: 142
  • PSF Above Grade: 142
  • PSF Finished: 142
  • PSF Finished All: 143.32
  • Master on Main: No
  • Entry Location: Garden
  • Basement: None
  • Heating: Electric, Floor Furnace, Natural Gas
  • Cooling: None
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 5
Bathrooms
  • Bathrooms Total: 5
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Units Total: 5
  • Unit Average Rent: $625.00
  • Unit Average Sq Ft: 600
  • Baths Total: 5
  • Number Of Dishwashers: 0
  • Number Of Washers: 0
  • Number Of Dryers: 0
  • Number Of Hookups: 0
  • Number Of Refrigerators: 5
  • Number Of Stoves: 5
  • Number Of Air Conds: 0
  • Number Of Fireplaces: 0
  • Numberof Storage Units: 1
Unit Information
  • Number Of Units Total: 5
  • Number Of Units Vacant: 0
  • Units Furnished Total: 5
Parking
Parking
  • Parking Features: Off Street
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-8
  • Parking Details: 8
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 8
  • Parking Count: 8
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
School Information
  • Elementary School: Johnson
  • Elementary School District: Montrose County Re-1J
  • Middle Or Junior School: Centennial
  • Middle Or Junior School District: Montrose County Re-1J
  • High School: Montrose
  • High School District: Montrose County Re-1J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Lot Features: Corner Lot
  • Zoning: B2
  • Fencing: Full
  • Property Exclusions: any tenant property
Building Information
Green Features
  • Green Verification Count: 0
Building Information
  • Year Built Effective: 2017
  • Construction Materials: Block, Other
  • Roof: Metal
  • Patio And Porch Features: Covered
  • Number of Storage Units: 1
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Included: No

Schools near 27 North 1st Montrose Co 81401

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 - K to 12
Rating
School
Distance
Northside Elementary School
PublicK to 5

Centennial Middle School
Public6 to 8

Montrose High School
Public9 to 12

Peak Virtual Academy
PublicK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Telluride Realty LLC, Scott Elkins

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