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Great INVESTMENT opportunity! Fannie Mae now allows owner-occupied 2-4 units with 5% down. This charming 1909 Victorian triplex was restored in 1999 and has an additional cottage house done in 2022. It is nestled in the heart of Montrose. This property is currently generating a total gross income of $68,000 in 2023 from its three rental units. Unit A: Features 2 bedrooms, 1 bathroom, hardwood floors, granite countertops, and a gorgeous chandelier and ceiling fans. Unit B: Includes 3 bedrooms, 1 bathroom, stainless steel appliances, washer, dryer, and recently updated paint. Unit 604: A spacious cottage house with 2 bedrooms, 2 bathrooms, high ceilings, an open living-dining area, light oak hardwood floors, and a garage. Recent upgrades include new A/C units ($10K, 2/3 units replaced), electric gate motor ($3K), foundation repairs ($6K), and remodeling ($30K). Showings by appointment only, with one unit initially available for viewing. Serious inquiries may see all units.
Last updated as of: 06/15/2024 |
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