Welcome to 1036 and 1038 S. 1st Street, Montrose, CO, 81401 - a unique investment opportunity perfect for investors, second home owners, and primary home owners alike! This beautifully renovated, single-family bungalow offers an additional ADU (Accessory Dwelling Unit), providing a versatile living situation with plenty of possibilities for rental income. Nestled on a spacious 6,250 square-foot lot, the main residence features a cozy 2-bedroom, 1-bathroom layout, while the charming ADU above the oversized one-car garage boasts 1 bedroom and 1 bathroom, complete with reclaimed flooring for a touch of character. Both units are equipped with washer and dryer hookups, ensuring convenience and comfort for all occupants. The property's fenced yard and large, welcoming front porch provide the perfect space for relaxation and entertaining, while ample parking and a metal roof on the ADU ensure practicality and durability. This property is ideal for those looking to "house hack" by living in one unit and renting out the other, or for short-term rental possibilities such as renting to traveling nurses, as it's conveniently located close to the hospital. This adorable bungalow and ADU combination presents a fantastic opportunity to invest in the thriving Montrose community. Don't miss your chance to own this charming property and experience the endless possibilities it has to offer. Schedule a showing today and envision your future at 1036 and 1038 S. 1st Street, Montrose, CO, 81401!
Sold inner office
$425,000
1036 and 1038 S 1st Street, Montrose, CO 81401
3beds
1,648sqft
Stick Built
Built in 1910
6,098.4 Square Feet Lot
$468,200 Zestimate®
$258/sqft
$2,163 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 11, 2023 at 02:55pm
Listed by:
Joni Klein 970-258-0056,
Coldwell Banker Distinctive Properties
Bought with:
Joni Klein
Coldwell Banker Distinctive Properties
Source: CREN,MLS#: 806914

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,648 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Lot
- Size: 6,098 sqft
Details
- Parcel number: 376727236002
- Zoning description: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Condition
- New construction: No
- Year built: 1910
Community & neighborhood
Location
- Region: Montrose
- Subdivision: Loutsenhizer Addn