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  • $425,000

    1036 and 1038 S 1st Street, Montrose, CO 81401

    3beds
    1,648sqft
    Stick Built
    Built in 1910
    6,098 Square Feet Lot
    $480,700 Zestimate®
    $258/sqft
    $1,910 Estimated rent

    Home value

    $480,700

    $452,000 - $514,000

    $1,910/mo

    Zestimate® history
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    $1,910/mo

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    $1,910/mo

    Rent Zestimate®

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    $2,453/mo

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    $2,453/mo

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    What's special

    Welcome to 1036 and 1038 S. 1st Street, Montrose, CO, 81401 - a unique investment opportunity perfect for investors, second home owners, and primary home owners alike! This beautifully renovated, single-family bungalow offers an additional ADU (Accessory Dwelling Unit), providing a versatile living situation with plenty of possibilities for rental income. Nestled on a spacious 6,250 square-foot lot, the main residence features a cozy 2-bedroom, 1-bathroom layout, while the charming ADU above the oversized one-car garage boasts 1 bedroom and 1 bathroom, complete with reclaimed flooring for a touch of character. Both units are equipped with washer and dryer hookups, ensuring convenience and comfort for all occupants. The property's fenced yard and large, welcoming front porch provide the perfect space for relaxation and entertaining, while ample parking and a metal roof on the ADU ensure practicality and durability. This property is ideal for those looking to "house hack" by living in one unit and renting out the other, or for short-term rental possibilities such as renting to traveling nurses, as it's conveniently located close to the hospital. This adorable bungalow and ADU combination presents a fantastic opportunity to invest in the thriving Montrose community. Don't miss your chance to own this charming property and experience the endless possibilities it has to offer. Schedule a showing today and envision your future at 1036 and 1038 S. 1st Street, Montrose, CO, 81401!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joni Klein C:970-258-0056,

    Coldwell Banker Distinctive Properties

    Bought with:

    Joni Klein

    Coldwell Banker Distinctive Properties

    Source: CREN,MLS#: 806914MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total structure area: 1,648
    • Total interior livable area: 1,648 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage
    • Garage spaces: 1
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 376727236002
    • Zoning description: Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Stick Built
    Condition
    • New construction: No
    • Year built: 1910

    Community & HOA

    Community
    • Subdivision: Loutsenhizer Addn
    HOA
    • Has HOA: No
    Location
    • Region: Montrose

    Financial & listing details

    • Price per square foot: $258/sqft
    • Annual tax amount: $1,662
    • Date on market: 9/6/2024

    Price history

    DateEventPrice
    9/11/2023Sold$425,000$258/sqft
    Source: CREN #806914 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 81401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnson K-5
    • Middle: Centennial 6-8
    • High: Montrose 9-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
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    $480,700
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    +$9,614
    With Zillow Showcase(estimated)
    $490,314