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PRICE $460,000 dsIDX morgage calculator
BEDS 2
BATHS 2
HOME SIZE 1,845 sqft
LOT SIZE 3,485 sqft

?? Looking for a home in Montrose, Colorado that offers both family comfort and income potential? This freshly remodeled property is truly a home run. Live downstairs in your spacious 1.5-bedroom suite, while renting out the upstairs unit that comes with its own private entrance. Simply lock off the double doors and collect $1,400-$1,900/month rental income (Zoned R4) without sacrificing your privacy. Need a place for extended family? The fully furnished upstairs suite doubles perfectly as a downsized home for in-laws or guests. When your family grows, remove the lock-off doors and instantly enjoy a full 3-bedroom, 2-bathroom home with 2 kitchens and 2 living rooms. This home adapts as your life changes—multi-generational living and investment income in one property. Built with solid exterior brick walls, this home offers unmatched soundproofing, strength, and long-term durability—a rare find in today's market. Why spend $50,000+ on fencing, landscaping, appliances, and upgrades with new construction, only to get stuck with strict HOA rules? This property already has it all—no HOA, no restrictions on ADUs or Airbnb-style rentals, and real freedom for homeowners. ?? Seller Incentive: The seller is purchasing a 2-point buy-down on your mortgage interest rate for the entire life of the loan—not just 1 or 2 years. That means permanent savings on every payment for as long as you own the home. ? Key Features: *Flexible floor plan with lock-off unit for income or multi-gen living *Earn $1,400-$1,900/month rental income (Zoned R4) *3 bedrooms, 2 bathrooms, 2 kitchens, 2 living areas *Exterior brick construction = strength, quiet, and value *Freshly remodeled with modern finishes *No HOA dues, no restrictions on use *Seller-paid 2-point permanent rate buy-down = lower monthly payment for life *Convenient Montrose location, close to schools, parks, and shopping Why rent when you can own a home that pays you back? With today's economy, this property gives you options: grow your family, support loved ones, create passive income, and enjoy lower payments for decades thanks to the seller's buy-down. ?? Don't miss your chance to own one of the most versatile homes in Montrose real estate. Schedule your showing today with Don Martin, Montrose Realtor. .

LAST UPDATED 9/12/2025 TRACT Loutsenhizer Addn
YEAR BUILT 1948 COMMUNITY Montrose SE
COUNTY Montrose STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Johnson K-5
Jr. High School Centennial 6-8
High School Montrose 9-12


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
AREA Montrose SE
BASEMENT Crawl Space
CONSTRUCTION Stucco, Wood Siding
HEAT Forced Air, Heat Pump, Natural Gas
INTERIOR Eat-in Kitchen
LOT 3485 sq ft
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
STORIES 2
STYLE Bungalow
SUBDIVISION Loutsenhizer Addn
TAXES 1219.68
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING Residential Single Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Real Colorado Properties

CREN MLS Logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.

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This data was last updated: 9/18/25 5:17 PM PDT

This IDX solution is (c) Diverse Solutions 2025.


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