NO HOA or Covenants! Prime Development Opportunity Situated on a large .37-acre lot, this 3-bedroom, 1 full bath property offers exceptional redevelopment potential. Convenient in-town location close to shopping, schools, and amenities adds to its long-term value. A new roof has been added to this property Located within the City’s REDO (Redevelopment Overlay) District, this property presents multiple value-add possibilities. Investors may explore adding an ADU (Accessory Dwelling Unit) to increase rental income or consider higher-density redevelopment options such as a duplex or triplex (buyer to verify all intended uses with the city). The existing home has been utilized as a rental property and provides the option to renovate, hold as income-producing property, or redevelop the site. A 6’ x 20’ shed offers additional storage. . Seller has not occupied the property; no Seller’s Property Disclosure will be provided. Property is being sold in its current condition. Strong opportunity for investors seeking land use flexibility and future upside.
| MLS # | 828839 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 343 |
| Listing Provided By | CENTURY 21 Elevated Real Estate | Diane Haynes |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,076 |
| Story(s) | 1 |
| Zoning | Residential Single Family |
| Acreage | 0.37 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Electric, Space Heater |
| Furnished | Unfurnished |
| Appliances | Cooktop, Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer |
| Exterior Features | Porch, Shed |
|---|---|
| Roof | Composition, Other |
| Construction Materials | Wood Siding, Stick Built |
| Garage Yes / No | No |
|---|
| Utilities | Cellular Phone Reception, Electricity Available |
|---|
| List Aor | Montrose Association Of Realtors |
|---|
| Property | 929 |
|---|
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Community Name | Other |
| School District | Montrose 9-12 |
| Elementary School | Northside K-5 |
| High School | Montrose 9-12 |
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Community Name | Other |
| School District | Montrose 9-12 |
| Elementary School | Northside K-5 |
| High School | Montrose 9-12 |