Harding Real Estate Team
BEDS4
BATHS2
SQUARE FEET1,792
MLS#840239
STATUS
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLoutsenhizer Addn
Property Description
PRIME LOCATION. INCOME POTENTIAL. FUTURE DEVELOPMENT OPPORTUNITY. Positioned next to Montrose Regional Health and Centennial Middle School, this duplex offers an exceptional opportunity for homeowners, investors, and developers alike. Located within Montrose's REDO District and zoned R-4 High Density Residential, this property offers the potential for up to 5 total residential units, including the existing duplex. Whether you're looking to house hack by living in one unit and renting the other, expand your multifamily investment portfolio, or explore the opportunity to develop three additional units, this property offers the best of both worlds. Live in it. Invest in it. Develop it. Take advantage of a prime Montrose location with immediate rental potential and future development possibilities. Additional units are subject to applicable City approvals and development requirements. Buyer to independently verify all zoning, permitted uses, development potential, density allowances, and applicable requirements with the City of Montrose and relevant authorities. All proposed uses and additional units are subject to applicable approvals.
Property Features
Property Type: Residential - Single Family
Cooling: Evaporative Cooler
Fuel Type: Electric
Heating: Electric Baseboard
Lot Size: 0.22 Acres
Roof Type: Architectural Shingles
Stories: 1.0
Taxes: 2,938.68
Year Built: 1978
Feature Descriptions
Available Amenities: Real Estate Included
Days on Site: 2
Exterior: Brick, Wood
Flooring: Carpet-Partial, Tile, Vinyl
Foundation: Slab
Sewer: Public Sewer
Square Footage (Per Level): 1792 (Main)
Water: Public
Local Schools
High School: Montrose 9-12
Middle School: Centennial 6-8
Elementary School: Johnson K-5
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Southwest Associates, LLC - Montrose
Agency Phone: 970-596-0870
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 3,855.09 per month $3,663.88 Principal & Interest $0.17 Property Tax $191.04 Homeowner's InsuranceChange Payment Information
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1016 & 1018 S 4th Street | MLS# 840239
This single family home located at 1016 & 1018 S 4th Street, Montrose, CO 81401 is currently listed for sale with an asking price of $655,000. This property was built in 1978 and has 4 bedrooms with 1792 sq. ft. & 1018 S 4th Street is located in the Loutsenhizer Addn subdivision. Search Loutsenhizer Addn real estate on www.hardingrealestateteam.com today.