For Sale

$799,000

HIGHLIGHTS:
  • Pending
  • $11,133/month
  • 78 DOM
  • 2 Stories
  • 0 Beds
  • 2,956 SqFT
Description

Great INVESTMENT opportunity! Fannie Mae now allows owner-occupied 2-4 units with 5% down. This charming 1909 Victorian triplex was restored in 1999 and has an additional cottage house done in 2022. It is nestled in the heart of Montrose. This property is currently generating a total gross income of $68,000 in 2023 from its three rental units. Unit A: Features 2 bedrooms, 1 bathroom, hardwood floors, granite countertops, and a gorgeous chandelier and ceiling fans. Unit B: Includes 3 bedrooms, 1 bathroom, stainless steel appliances, washer, dryer, and recently updated paint. Unit 604: A spacious cottage house with 2 bedrooms, 2 bathrooms, high ceilings, an open living-dining area, light oak hardwood floors, and a garage. Recent upgrades include new A/C units ($10K, 2/3 units replaced), electric gate motor ($3K), foundation repairs ($6K), and remodeling ($30K). Showings by appointment only, with one unit initially available for viewing. Serious inquiries may see all units.

Overview
  • MLS Number: 83436361
  • Type: Multi-Family - Triplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 2,956 SqF
  • Land Size: 5,000 sqft
  • Year Built: 1909
Financial
Price:
$799,000
Price/SqFT:
$270.30
Original Price:
$849,000
Reduced $:
$50,000
Reduced On:
Jun 22nd, 2024
Reduced %:
5.89 %
HOA Fee:
Tax Rate:
2.01481 %
Est. Monthly:
$11,133 *
Tax Amount:
$16,098
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Carpet,Wood
    Heating:
    Central Gas
    Cooling:
    Central Electric
    Energy Feature:
    Ceiling Fans,Digital Program Thermostat
  • Roof:
    Other
    Parking:
    Automatic Driveway Gate,Driveway Gate,Garage Parking,Off Site Parking,Paved Area

Listed By:
Eric Hernandez

eXp Realty LLC

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