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Off market
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  • $529,200

    1047 S 3rd St, Montrose, CO 81401

    6beds
    3baths
    2,908sqft
    SingleFamily
    Built in 1949
    -- sqft lot
    $529,200 Zestimate®
    $182/sqft
    $2,913 Estimated rent

    Home value

    $529,200

    $471,000 - $593,000

    $2,913/mo

    Zestimate® history
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    $2,913/mo

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    $2,913/mo

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    $3,020/mo

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    $3,020/mo

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    What's special

    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!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,908 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1949

    Community & neighborhood

    Location
    • Region: Montrose

    Price history

    DateEventPrice
    1/1/2023Listing removed--
    Source: GJARA #20223607 Report a problem
    9/15/2022Price change$609,000-3.2%$209/sqft
    Source: CREN #795733 Report a problem
    7/3/2022Listed for sale$628,900+32.4%$216/sqft
    Source: CREN #795733 Report a problem
    6/29/2018Listing removed$475,000$163/sqft
    Source: Lone Eagle Land Brokerage #746599 Report a problem
    6/12/2018Listed for sale$475,000+90%$163/sqft
    Source: Lone Eagle Land Brokerage #746599 Report a problem
    8/24/2016Listing removed$250,000$86/sqft
    Source: Coldwell Banker Bailey & Co. #720423 Report a problem
    7/18/2016Pending sale$250,000$86/sqft
    Source: Coldwell Banker Bailey & Co. #720423 Report a problem
    6/14/2016Listed for sale$250,000$86/sqft
    Source: Coldwell Banker Bailey & Co. #720423 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 81401

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $529,200
    2% more
    +$10,584
    With Zillow Showcase(estimated)
    $539,784