Sold for $486,000

$486,000

1001 N 1st St, Montrose, CO 81401

3beds

1,700sqft

MultiFamily

Built in 1952

-- sqft lot

$510,800 Zestimate^®

$286/sqft

$1,647 Estimated rent

Home value

$510,800

$485,000 - $541,000

$1,647/mo

Zestimate^® history

Owner options

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$1,647/mo

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$1,647/mo

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$2,788/mo

Est. payment

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$2,788/mo

Est. payment

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What's special

Triplex (three complete 1 bedroom apartments) with central forced air heat . Additional lockable storage. Beautiful, updated, clean condition, all double pane vinyl windows, storm/screen doors, ac window units available for each apartment, private entry each apartment. Off street parking. Mature trees. Monthly Rent per apartment: 700, 675, 615. Total monthly rental income: $1990 . Never a vacancy since 2007. Long time tenants who love their apartments. Great location - walking distance to all downtown Main Street amenities: restaurants, shopping, parks, hospital, fair grounds, new Events Center.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Forced air, Gas

Cooling

Other

Appliances

Included: Range / Oven, Refrigerator

Features

Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
Basement: Partially finished
Has fireplace: No

Interior area

Total interior livable area: 1,700 sqft

Property

Parking

Parking features: Off-street, On-street

Features

Exterior features: Shingle, Composition

Lot

Size: 5,500 Square Feet

Details

Parcel number: 376727214002

Construction

Type & style

Home type: MultiFamily

Materials

Wood
Roof: Composition

Condition

Year built: 1952

Community & HOA

Location

Region: Montrose

Financial & listing details

Price per square foot: $286/sqft
Tax assessed value: $319,550
Annual tax amount: $1,262

Price history

Date	Event	Price
9/13/2023	Sold	$486,000+288.8%$286/sqft
Source: Public Record Report a problem
9/30/2011	Sold	$125,000$74/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,262 -15.6%	$21,410 -1.5%
2023	$1,495 +37.3%	$21,730 +44.6%
2022	$1,089 +20.5%	$15,030 -4.9%
2021	$904 -0.6%	$15,800 +17.3%
2020	$910	$13,470
2019	$910 +16.6%	$13,470 +14.6%
2016	$780 +0.1%	$11,750
2015	$779 +24.1%	$11,750 +16%
2014	$628 +0.8%	$10,130
2013	$623 -16%	$10,130 -20.5%
2012	$742	$12,750
2011	--	$12,750
2010	--	--