425 S 5th Street

Montrose, CO 81401

About this property

Investment Opportunity Featuring a Main Home + Detached ADU! Rare opportunity to own a unique property with a fully independent Accessory Dwelling Unit (ADU), offering incredible flexibility for multi-generational living, rental income potential, guest accommodations, or a private home office setup. The main residence at 425 S 5th features 4 bedrooms and 2 bathrooms with a spacious open-concept kitchen and dining area designed for comfortable everyday living and entertaining. High ceilings and abundant natural light create a bright, welcoming atmosphere throughout. Enjoy a private backyard with mature outdoor space and convenient off-street parking. The detached ADU at 425 1/2 S 5th, built in 2020, is beautifully maintained and truly turn-key ready. This modern 2 bedroom, 2 bathroom home offers stylish finishes, functional living space, a pantry, walk-in closet, and a walk-in shower. Relax outdoors on the covered back patio overlooking the private fenced backyard, while alley-access parking adds both convenience and privacy. Situated on a spacious city lot with ample outdoor space and off-street parking, this property combines functionality, flexibility, and investment potential all in one. Whether you're looking to offset your mortgage with rental income or create a versatile living arrangement, this property delivers endless possibilities. ADU properties like this are in high demand-don't miss your chance to own this exceptional opportunity!

About this property

Investment Opportunity Featuring a Main Home + Detached ADU! Rare opportunity to own a unique property with a fully independent Accessory Dwelling Unit (ADU), offering incredible flexibility for multi-generational living, rental income potential, guest accommodations, or a private home office setup. The main residence at 425 S 5th features 4 bedrooms and 2 bathrooms with a spacious open-concept kitchen and dining area designed for comfortable everyday living and entertaining. High ceilings and abundant natural light create a bright, welcoming atmosphere throughout. Enjoy a private backyard with mature outdoor space and convenient off-street parking. The detached ADU at 425 1/2 S 5th, built in 2020, is beautifully maintained and truly turn-key ready. This modern 2 bedroom, 2 bathroom home offers stylish finishes, functional living space, a pantry, walk-in closet, and a walk-in shower. Relax outdoors on the covered back patio overlooking the private fenced backyard, while alley-access parking adds both convenience and privacy. Situated on a spacious city lot with ample outdoor space and off-street parking, this property combines functionality, flexibility, and investment potential all in one. Whether you're looking to offset your mortgage with rental income or create a versatile living arrangement, this property delivers endless possibilities. ADU properties like this are in high demand-don't miss your chance to own this exceptional opportunity!

Features and Additional Information

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$695,000 Active
6 Bed(s)
4
Baths
2,184 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Get in touch today! Phone: 1-208-622-3400
Brokerage
Norris-Phillips Real Estate, LLC
1-970-417-4404
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Area Information

Montrose City | Montrose County | Montrose City

$ 695,000
This listing is play_arrow 56.2% higher than the average in the area
$ 445,000 in the area
2,184 SqFt
This listing is play_arrow 11.4% larger than the average in the area
1,961 SqFt in the area
$ 318 $/SqFt
This listing is play_arrow 40.2% more than the average in the area
$ 227 $/SqFt in the area
96 days on site
This listing is play_arrow 2.1% above the average in the area
94 days on site in the area

Schools in the Area

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    Elementary School
    Pomona K-5
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    Middle School
    Centennial 6-8
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    High School
    Montrose 9-12

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Listed By Terri Fletcher
Brokerage: Norris-Phillips Real Estate, LLC

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