New

$499,900

For Sale

A day ago

814 S 7 Th St, Montrose, CO

Name: 814 S 7 Th St, For Sale in Montrose - eXp Realty
Brand: Re/Max Alpine View
SKU: 832183
Price: 499900 USD

House

MLS® 832183

4 Bed

3 Bath

1502 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1502 sqft

Garage No

Taxes $1,870

Days Active 1

Lot Size 0.14 acres

Approx. Age 2024

Avg. Price Per Sqft $332

MLS® Number 832183

Property Address: 814 S 7th St, Montrose, CO, 81401-4444

Average square foot calculated using Size range provided by listing agent.

Description

Wonderful 4 Bed, 3 Bath Home w/ 2 Large Living Rooms, Formal Dining, Sun Room. Spacious Open Floor Plan. A Large Fully Finished and Wonderfully Maintained Home with a Modern Master Suite featuring Huge 17'x6' Walk-in Closet w/ Laundry, Large Private Master Bath, in-slab heat, Master Retreat and Kitchenette. New Windows Throughout and a New High Efficiency Boiler for low utility bills , The Main level also Has Kitchen, Dining and Living Rooms with a Bathroom, Laundry and Sunroom. The Upper level has 3 bedrooms and a Full bath. This home was specifically designed for the flow of a single family home that has the unique ability to be segmented into two separate thoughtfully designed independent units. Allowing for rental potential or multigenerational living. The Lower level can be isolated as an independent appartement with only one step, This is an PROVEN partial rental at $1600 monthly. Totally Secure and Separate from the Remaining 3 bed 2 baths of the Home. Additional Space off the alley and fully fenced back yard for an future ADU, Sewer already installed and Soil report completed for ADU. You will also benefit from a total remodel where, Plumbing, Electrical, Boiler, Kitchen, Bathrooms and every surface has been addressed. New Paint, Flooring, in-Slab Heating, Two Separate Laundries, New Plumbing, Modern Windows and Insulation. A large double lot, with Newly Fenced Yard and Alley access. New PVC Sewer line with RV space and hook-up (water and sewer) in the back lot ADU footprint. Can provide multiple Recent Rental contracts supporting a 7% CAP rate to make this a solid investment property. Very walkable, Bike Friendly Old Town Montrose. Soil test done for ADU off the alley that will further increase the investment performance. Located in the Montrose Zoning "REDO District" and Federal "Opportunity Zone" both allow Special Development Discounts and Variances along with Unique Tax Benefits .

MLS® Number832183

Laundry Level

Central VacNo

FireplaceNo

Acreage0.14

Exterior

GarageNo

Approx. Age2024

BasementConcrete

DrivewayRv Access Parking

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 5, 2026List Date

$499,900List Price

Commute

Commute

Starting Address

Destination Address

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