Listing provided courtesy of Elizabeth Spitzer of Phelps Real Estate Group, LLC. Last updated 2023-08-21 22:00:04.000000. Listing information © 2025 .
Asking Price: $685,000
425 5th, Montrose CO 81401
Community:
This property was built in 1902 and is priced at $685,000. Please see the additional details below.
Looking for the perfect investment opportunity, this property is ideal. The homes are in a great location and have the added bonus of a constructed high end Accessory Dwelling Unit (ADU)on the property. Both homes were fully remodeled in 2020, with the main house having 4 bedrooms and 2 bathrooms, while the ADU offers an additional detached home with 2 bedrooms (master suite and guest room) as well as 2 bathrooms, Cheery and sunny living room, and a beautiful kitchen. Each property has privacy, off street parking, and a fenced backyard. Both homes are currently tenant occupied with excellent rental history and leases through January 2024. Please see associated documents for rents, exact lease dates etc. This property is conveniently located near amenities and downtown Montrose. Options are limitless with this property so don’t miss your opportunity to own 2 turnkey investment properties in an ideal downtown location!
































