147 Main St Unit 6 units

Montrose, CO 81401
Square Ft.
7,314
$1,540,000
This is a 6 unit multi-family parcel, 2 stories with 2 decks and a rooftop patio. Great rental History with short and long term. 7.46% CAP rate (w/all expenses except mngt) 177k++ of Gross income last year 14 bedroom/10 bath, 6 Unit Income producing Multi-Family on Main St, Montrose. CornerRead MoreRead Less
Market LogoCourtesy of Scott Elkins, Telluride Realty, LLC 970-708-0494
Listing Snapshot
Days Online
24
Last Updated
Property Type
Multi-Use W/Res
Square Ft.
7,314
Lot Size
0.14 Acres
Year Built
1960
MLS Number
827432
30 Days Snapshot Of 81401
$501k
+10%
(avg) sold price
27
-10%
homes sold
84
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property
Zoning: B1, Enterprise zone, Possible property use: Retail Storefront, Retail Warehouse, Professional/Medical, Retail Storefront, Retail Warehouse, Lodging, Mixed Use, Wholesale
Building
Built in 1960, 7,314 apx total sqft, 7,318 finished sqft, 300 office sqft, 7,314 main sqft, 6 of units, Year started: 2020, Furnished: Unfurnished
Doors
# Dock hi doors: 0
Expenses
Gross annual expenses : $62,681
Exterior Features
Furniture/Fixtures/Equipment: all furnishings minus some pp and all art.
Floors
2
Water Features
Water rights/Irrigation: No
Heating
Type: mixed
Income
Gross scheduled income : $177,591, Net operating income : $114,910
Interior Features
Ceiling height: 22
Lot
0.14 approximate total acres
Miscellaneous
Vacancy factor prcnt: 0
Taxes
Total taxes : $3,200, Tax year: 2022
Utilities
Internet service, Internet provider: Clearnetworx, 5 total electric meters
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Sarah Manshel
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