1145 S 5th Street, Montrose, CO 81401

?? 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. .