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- LoopNet Team
147 E Main St
Montrose, CO 81401
147 Main st- Mixed use-Airbnb/Events 5+ unit · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Opportunity Zone, mixed use building with great income, 5-6 units
- Great Cap Rate 6%+ , near Telluride
- Future add on or redevelopement . add walkout rooftop
- Property has been remodeled and is fully leased. 120k net income verified for 2022
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Granite Countertops
- Island Kitchen
- Mud Room
- Patio
SITE AMENITIES
- Furnished Units Available
- Walking/Biking Trails
- Bicycle Storage
- Community-Wide WiFi
- Public Transportation
ABOUT 147 E MAIN ST , MONTROSE, CO 81401
Main st , Downtown residential units,(as a main st business frontage if desired). A Mixed use Building with current income over 110k that is now mostly residential. Up and coming town, near high end resorts like Telluride. This is a higher end parcel for this area. Higher rental rates also due to the short term rentals. 5 of the 6 units are now in The AIRBNB/ STR program and rents /returns are soaring. Great visibility from Main st, great decks, future roof options for decks or more dev. Solar for tax breaks and lower utilities as an example. 2 large private decks on each ensuite., plus covered patios runs the entire way down E/W down Selig. Alley access also. Address 147 Main st, also 18 Selig and 26 Selig. *** you can search for these on AIRBNB
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 5+4 | 1 | - | - |
| 3+2 | 1 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | R0650842 | Improvements Assessment | $47,780 |
| Land Assessment | $3,090 | Total Assessment | $50,870 |
PROPERTY TAXES
