About This Home
This 3-bedroom, 3-bathroom single family at 729 N 2nd Street in Montrose, CO is listed for $440,000 ($240 per sqft). the home offers 1,836 sqft of living space on a 0.14 acres lot.
Key Features
- 0.14 acre lot
Property Details
Mark J Covington, RE/MAX Alpine View, C:,,: 3-Unit investment opportunity in the heart of Montrose! This well-maintained three-unit property offers a strong rental history and excellent income potential in a convenient central location. The property features a front duplex (1,296 sq.ft total) and a separate detached unit (540 sq.ft) in the back, providing a desirable layout that appeals to tenants.
Each unit features beautiful hardwood floors, its own outdoor storage space in the shared storage shed, and separately metered gas and electric utilities for added convenience. A newer roof provides peace of mind, while the shared yard with an underground sprinkler system creates an outdoor space for residents.
With two of the three units currently rented, the property offers immediate income and continued investment potential. Whether you're looking to add to your investment portfolio or occupy one unit while generating rental income from the others, this is a rare opportunity to own a quality multi-unit property in the heart of Montrose, close to shopping, dining, parks, and everyday amenities.
Monthly Cost Estimate
$2,353/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
729 N 2nd Street
Montrose, CO 81401
Questions & Answers
This 3-bedroom, 3-bathroom single family at 729 N 2nd Street is listed at $440,000 ($240/sqft). The estimated monthly payment is $2,353 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.14 acre lot.
This property is listed by Mark Covington and can be reached at 9702091956.
