1016 & 1018 S 4th Street, Montrose, CO 81401
1016 & 1018 S 4th Street, Montrose, CO 81401
1016 & 1018 S 4th Street, Montrose, CO 81401
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Kynlee Dailey

Kynlee Dailey

+1(580) 224-1904
$655,000
Est. payment /mo
4 Beds
2 Baths
1,792 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $365

Subdivision Loutsenhizer Addn

MLS Listing ID 840239

Bedrooms 4

Full Baths 2

Year Built 1978

Tax Year 2026

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Stick Built

Property Description

DUPLEX IN A 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.

Location

State CO

County Montrose

Area Montrose City

Zoning Other

Rooms

Basement Slab

Interior

Heating Electric Baseboard

Cooling Evaporative Cooler

Flooring Carpet-Partial, Tile, Vinyl

Furnishings Unfurnished

Exterior

Roof Type Architectural Shingles

Building

Story One Story

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Johnson K-5

Middle Schools Centennial 6-8

High Schools Montrose 9-12

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Colorado Real Estate Network (CREN) + Sold
Listed by Keller Williams Realty Southwest Associates, LLC - Montrose

Nearby Locations

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1016 & 1018 S 4th Street

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