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Off market
  • $569,100

    27 N 1st St, Montrose, CO 81401

    5beds
    5baths
    2,470sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $569,100 Zestimate®
    $230/sqft
    $1,634 Estimated rent

    Home value

    $569,100

    $524,000 - $626,000

    $1,634/mo

    Zestimate® history
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    Owner options

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    $1,634/mo

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    $1,634/mo

    Rent Zestimate®

    Refinance and save

    $3,193/mo

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    $3,193/mo

    Est. payment

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    What's special

    "Opportunity zone" state designation for tax advantages! A triplex and also a duplex. 5 total units. Corner lot. Up and coming "LOMO" lower Montrose, on the new byway and across from the Distillery and 1/2 block to booming main st. Investors, this parcel is located in the designated "opportunity zone". Newer upgrades and some new windows and flooring and fencing. Great tenants , these units are in high demand and never vacant(waiting list to get in). Some units have fenced in yards, so they are more like homes/townhomes. Great income of over $37,000+ a year. Brand new $8,000 sidewalk installed in 2019. Add garages? Add carports for rent? Add more address is off due to errors , the addresses are 120 +130 N 1st and 35 - 37- 39 N grand av storage units for income? Add a washer/dryer room/bld for income? Or just sit back and collect the 8%+ ROI !

    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: 5
    • Bathrooms: 5
    Heating
    • Electric, Gas
    Cooling
    • None
    Features
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,470 sqft

    Property

    Features
    • Exterior features: Other
    • Fencing: Fence
    • Has view: Yes
    • View description: City
    Lot
    • Features: Corner Lot
    Details
    • Zoning: B2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    Materials
    • Roof: Metal
    Condition
    • Year built: 1955
    Details
    • Builder model: 5+ Plex (all units)

    Community & HOA

    Location
    • Region: Montrose

    Financial & listing details

    • Price per square foot: $230/sqft

    Price history

    DateEventPrice
    1/10/2020Listing removed$354,000$143/sqft
    Source: Telluride Realty LLC #2896397 Report a problem
    12/11/2019Listed for sale$354,000$143/sqft
    Source: Telluride Realty LLC #2896397 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 81401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnson
    • Middle: Centennial
    • High: Montrose
    • District: Montrose County Re-1J

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

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $569,100
    2% more
    +$11,382
    With Zillow Showcase(estimated)
    $580,482