Investment Opportunity Featuring a Main Home + Detached ADU! Rare opportunity to own a unique property with a fully independent Accessory Dwelling Unit (ADU), offering incredible flexibility for multi-generational living, rental income potential, guest accommodations, or a private home office setup. The main residence at 425 S 5th features 4 bedrooms and 2 bathrooms with a spacious open-concept kitchen and dining area designed for comfortable everyday living and entertaining. High ceilings and abundant natural light create a bright, welcoming atmosphere throughout. Enjoy a private backyard with mature outdoor space and convenient off-street parking. The detached ADU at 425 1/2 S 5th, built in 2020, is beautifully maintained and truly turn-key ready. This modern 2 bedroom, 2 bathroom home offers stylish finishes, functional living space, a pantry, walk-in closet, and a walk-in shower. Relax outdoors on the covered back patio overlooking the private fenced backyard, while alley-access parking adds both convenience and privacy. Situated on a spacious city lot with ample outdoor space and off-street parking, this property combines functionality, flexibility, and investment potential all in one. Whether you're looking to offset your mortgage with rental income or create a versatile living arrangement, this property delivers endless possibilities. ADU properties like this are in high demand-don't miss your chance to own this exceptional opportunity!
| MLS # | 20262505 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1902 |
| Days On Site | 133 |
| Listing Provided By | NORRIS-SNELL REAL ESTATE | SARA WOODWARD |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,184 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Residential |
| Acreage | 0.14 |
| Lot Features | Landscaped |
|---|
| Garage Yes / No | No |
|---|
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Community Name | Montrose City |
| Listing VS Median (in Montrose City) | |
Price: $695,000 low | high Med: $504,500 sqft: 2,184 low | high Med: 1,507 $ / sqft: $318 low | high Med: $348 On site: 133 low | high Med: 113 | |
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Community Name | Montrose City |
| Listing VS Median (in Montrose City) | |
Price: $695,000 low | high Med: $504,500 sqft: 2,184 low | high Med: 1,507 $ / sqft: $318 low | high Med: $348 On site: 133 low | high Med: 113 | |