S 1st St Unit also 1019 1 /2 S. 1s Montrose, CO 81401

There is potential plus here! The main house is 792 sq ft with 2 bedrooms, and 1 bath- with a claw foot tub! There is a washer and dryer in the basement which are included, along with the stove and refrigerator. This home is currently empty, but owner has been getting $600 per month. The second home (off the alley) is 653 sq ft with 1 bedroom and 1 bath. The stove, refrigerator and a window a/c unit are included. This tenant has been there for years at $400 per month on a month to month situation. The landlord/owner pays water for both units; the tenants pay gas and electric. Each home is separately metered for electric and gas. There is one water tap for both units that is billed thru 1019 1/2 S. 1st . The billing acct with the City does reflect that there is a second unit on the property that also receives water from the single tap. There is a garage that is attached to the back dwelling. It has two doors and is divided into 2 spaces. Each tenant has a key to one of the spaces and keeps their possessions in their respective spaces. The 1445 sq footage is the total of both homes. The back yard is shared. A short walk to town, Main in Motion, shopping, schools, etc. There will be no SPD because Seller has never lived there. An additional bonus is that the property lies within the "REDO Overlay District" of the City. This area was created to encourage development and redevelopment in the core downtown area. Go to the City website to view the info on this designation and direct any questions to the appropriate City dept. for any further info and confirmation. An absolute screaming deal for the buyer who is handy, or an investor!