Skip To Content

1047 S 3rd Street

Montrose, CO 81401
  • $609,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 20223607
UPDATED: 52 min ago
$609,000
  • 6
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,908
    SQFT
  • $209
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1949
County:

School Information

Elementary School:
Middle School:
High School:

Description

OPEN HOUSE, SUNDAY 9/18/22 from 1:00pm-3:00pm. Outstanding, profitable, multi-unit rental opportunity! This triplex has been fully redone with modernized kitchens, spacious bathrooms, on site laundry, off street parking, and fully fenced, shared outdoor space. All units have their own private entry. The upper unit boasts beautiful arched doorways, living room fireplace and hardwood floors. The lower unit has several smaller rooms that could be used as office space or extra storage. The sperate studio unit has been remodeled with all stainless appliances and it's own laundry room. It is conveniently located in central Montrose and within walking distance of both the hospital and Colorado Mesa University campus. Current asking price and operation yields over a 8% net cap rate. This type of investment opportunity is rare and should be grabbed before it is gone!

Monthly Payment Calculator

© 2022 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. Data last updated 2022-10-01T15:17:13.32 UTC.

www.buygrandjunctionco.com/homes/130698307
Print Image

1047 S 3rd Street Montrose, CO 81401

  • Price: $609,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 52 min ago
  • MLS #: 20223607
6
Beds
3
Baths
0
½ Baths
N/A
Acres
2,908
SQFT
$209
$/SQFT
1949
Built
Neighborhood:
N/A
County:
Montrose
Area:
Montrose City
Elementary School:
Johnson
Middle School:
Columbine
High School:
Montrose
Property Description
OPEN HOUSE, SUNDAY 9/18/22 from 1:00pm-3:00pm. Outstanding, profitable, multi-unit rental opportunity! This triplex has been fully redone with modernized kitchens, spacious bathrooms, on site laundry, off street parking, and fully fenced, shared outdoor space. All units have their own private entry. The upper unit boasts beautiful arched doorways, living room fireplace and hardwood floors. The lower unit has several smaller rooms that could be used as office space or extra storage. The sperate studio unit has been remodeled with all stainless appliances and it's own laundry room. It is conveniently located in central Montrose and within walking distance of both the hospital and Colorado Mesa University campus. Current asking price and operation yields over a 8% net cap rate. This type of investment opportunity is rare and should be grabbed before it is gone!
Exterior Features

Architectural Style Other Construction Materials BrickVinyl SidingWood Frame Direction Faces South Exterior Features ShedSprinkler/Irrigation Lot Features Corner LotLandscapedSprinkler System Lot Size Dimensions 6250 Other Structures Shed(S) Parking Features Guest Patio And Porch Features CoveredPatio Road Frontage Type City Street Road Surface Type Paved Roof AsphaltComposition

Interior Features

Appliances DryerDishwasherElectric OvenElectric RangeDisposalGas OvenGas RangeRefrigeratorWasher Basement FullFinished Basement YN Yes Cooling Evaporative Cooling Cooling YN Yes Fireplace Features Pellet Stove Fireplace YN Yes Flooring CarpetLaminateTile Heating BaseboardElectricFireplace(S)Pellet Stove Heating YN Yes Interior Features Ceiling Fan(S) Window Features Window Coverings

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Association YN No Current Use Multi-Family Elevation 4500 Land Lease YN No Property Sub Type Multi Family Sewer Connected Tax Annual Amount 1911.64 Tax Year 2021 Water Source Public Zoning Description Multi Family

Listing courtesy of Juvian Farinacci of Homesmart Realty Partners: 970-644-5002.
© 2022 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. Data last updated 2022-10-01T15:17:13.32 UTC.

 
https://bt-photos.global.ssl.fastly.net/gjunction/1280_boomver_1_20223607-2.jpg https://bt-photos.global.ssl.fastly.net/gjunction/1280_boomver_1_20223607-2.jpg https://bt-photos.global.ssl.fastly.net/gjunction/1280_boomver_1_20223607-2.jpg
Logo
RE/MAX 4000 Inc
120 W Park Dr Ste # 200
Grand Junction CO, 81505