$354,000

35 Grand Av 35 -37 -39 Grand + 120 + 130 W

Montrose CO, 81401

Description

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. Add garages? Add carports for rent? Add more storage units for income? Add a washer/dryer room for income? Or just sit back and collect the 8%+ ROI !

Details

MLS#759501
Sub-TypeResale
StatusActive
Year1955
Days On Site172

Features

SQ Feet2,470
Units5

Market Activity 81401

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Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Listing VS Median (in 81401)
Price:
$354,000
low | high
Med:
$130,000
100% of Average
SqFt:
2,470
low | high
Med:
1,966
70.404858299595% of Average
$ / SqFt:
$143
low | high
Med:
$66
100% of Average
On Site:
172
low | high
Med:
51
100% of Average
Listing Updated: 12/12/2019
MLS Number: 759501
Listing Provided By:
Scott Elkins  of  Telluride Realty LLC



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