NOT LISTED FOR SALE

400 S Pythian Ave Montrose, CO 81401

9 Beds
4 Baths
3,498 Sq Ft
0.28 Acres

Last Sold April 04, 2024

Last sale price $875,000 $250 Per Sq Ft

11 Days on Market

Highlights

  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Carpet

About This Home

As of April 2024

This home is located at 400 S Pythian Ave, Montrose, CO 81401 since 01 March 2024. This property was built in 1974. 400 S Pythian Ave is a home located in Montrose County with nearby schools including Johnson Elementary School, Centennial Middle School, and Montrose High School.

Last Agent to Sell the Property

Debra Harmon

20 Sleeps West Real Estate Listed on: 03/01/2024

Last Buyer's Agent

Mario Ramirez

NextHome Virtual

NextHome Virtual

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1974

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,498 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Schools

  • Pomona K-5 Elementary School
  • Centennial 6-8 Middle School
  • Montrose 9-12 High School

Additional Features

  • 0.28 Acre Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for building insurance, real estate taxes, trash, water/sewer
  • Assessor Parcel Number 376727405001

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,796

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher
  • Estimated Total Acres: 0.28
  • Class: Multifamily
  • Em Deposit: 10,000
  • Em Holder: Title Company
  • Legal Lot Block: Lot 1, 2, 3 and the Easterly 21 feet of Lot 4, adjoining Lot 3, Block 104, LOUTSENHIZER ADDITION, a part of the City of Montrose, Colorado, County of Montrose, State of Colorado
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 376727405001
  • Price Per Sq Ft: 250.14
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 250.14
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Tax Account Id: R0650660
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas, Forced Air
  • Landlord Pays: Building Insurance, Real Estate Taxes, Trash, Water/Sewer
  • Metered: Metered for Electricity, Metered for Gas
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Total Number Water Meters: 1
  • Type: Fourplex
  • Total Taxes Dollar: 1795.64
  • Year Built: 1974
  • Prop Description Remarks: Welcome to this fantastic investment opportunity in the heart of the thriving rental market! Presenting a well-maintained 4-plex, this property boasts a solid rental history with long-term tenants, making it an ideal addition to any investor's portfolio. Built in 1974, this two-story building offers two units on each level, providing a desirable mix of layouts to attract a variety of renters. Unit 2 stands out with its generous 3 bedrooms, 1 bath, and a convenient 2-car garage, while the remaining units offer comfortable 2 bedroom, 1 bath layouts, each with access to a detached storage shed. Tenants will appreciate the included appliances—range/oven, refrigerator, and dishwasher—in every unit. With separate metering for gas and electric, tenants take responsibility for utilities, while the owner covers water/sewer/trash expenses, ensuring a hassle-free investment. Recent updates including new furnaces, hot water heaters, refurbished showers, replaced bathroom fixtures, re-painted, and upgraded windows enhance the property's appeal and value. Additionally, the sewer line and plumbing have been modernized, providing peace of mind for years to come. Don't miss out on this opportunity to own a turnkey income-producing property in a sought-after location—schedule your viewing today! Serious inquiries only, please be prepared to provide proof of qualifications to purchase.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Dining Room: Kitchen/Dining
  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 3498
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Cooling: Window Unit(s)
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 4

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Pomona K-5
  • Middle School: Centennial 6-8

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $875,000 0.0% $250 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $875,000 -- $250 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Debra Harmon

    Seller's Agent in 2024

    Debra Harmon

    20 Sleeps West Real Estate

    (970) 901-8997

    255 Total Sales

    Debra Harmon
    Section Image
  • Mario Ramirez

    Buyer's Agent in 2024

    Mario Ramirez

    NextHome Virtual

    (970) 497-0247

    96 Total Sales

    Mario Ramirez
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 811237

Colorado Real Estate Network (CREN)
Colorado Montrose County Montrose 81401

400 S Pythian Ave, Montrose, CO

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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