1047 S 3rd Street All 3 Units
Montrose, CO 81401

Description

Fantastic turn-key business opportunity! This completely remodeled and furnished tri-plex is conveniently situated for traveling business professionals to land during their brief tenure in the community or long term tenants. Completely updated to minimize operating costs, these units have a 100% occupancy history. The interior living spaces are warm and inviting, while the common area yard and patio provide relaxing venues to enjoy outdoor eating, relaxing, or gathering. This rare opportunity provides a seamless transition into a new real estate business venture! Current asking price and operation yields over a 7% net cap rate. Just a block from the hospital and downtown. less than 3 blocks to Colorado Mesa University campus.

Details

MLS#747572
StyleHouse
Sub-TypeResale
StatusActive
Year1949
Days On Site323

Features

Bed(s)4
Bath(s) 4 Full
SQ Feet2,908
Story(s)Two Story
Acreage0.14

Additional Information

Taxes1039.38
HeatingElectric Baseboard,Pellet Stove
Interior FeaturesPellet Stove,Window Coverings,Wired/Cable TV,Part Furnished
Available AmenitiesElectric,Natural Gas,Cable TV,Internet,Phone - Cell Reception

Market Activity 81401

Loading Form

Loading Form

Area Information

StateCO
CountyMontrose
CityMontrose
Zip Code81401
AreaMontrose City
Community NameMontrose City
Middle SchoolOpen Enrollment
High SchoolMontrose 9-12
Listing VS Median (in Montrose City)
Price:
$424,000
low | high
Med:
$229,900
95.778301886792% of Average
SqFt:
2,908
low | high
Med:
1,912
84.250343878955% of Average
$ / SqFt:
$146
low | high
Med:
$120
67.533107681377% of Average
On Site:
323
low | high
Med:
50
100% of Average
Listing Updated: 05/23/2019
MLS Number: 747572
Listing Provided By:
Bryan Walchle  of  Lone Eagle Land Brokerage



The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2017. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than 2104:66 contain that company's name.
Fair Housing Disclaimer