Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
Listing photo for 718 E Main Street, Montrose, Colorado
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718 E Main Street,

Montrose, Colorado $800,000

$800,000

5 Beds
4½ Baths
4,414 Sqft
0.25 Acres

Rare opportunity to purchase a landmark 1902 Victorian in downtown Montrose. The Lathrop House continues to present the finest ''turn of the century'' architecture while proudly displaying the National Historic Registry designation. Pride of ownership over the past century reflected throughout all 3 levels of the home which is now optimized for B&B use, as well as long term rental income. The kitchen features 2 refrigerators, 2 ovens and plenty of cabinet space, and granite countertops. Living areas; entry, parlor, living room, and dining room are drenched in period finishes, fixtures, and furniture. The first floor also has a large bedroom with private bathroom and stackable washer/dryer. A bonus room is perfect for office or den. The second level includes 3 guest rooms, 1-1/2 bathplus a lock-off efficiency suite, bathroom, mini-kitchen and laundry with exterior entry. Penthouse apartment is on the 3rd story is complete with bedroom, bathroom, kitchen, wet bar, 4 built-in desks, living room and outside entrance. Decor in this space is Colorado Lodge. Huge cottonwood trees canopy the front that includes an elegant wrap-around porch, plus two fenced in patios on the West and East and a deck in the second floor, sprinkler system, fencing and flowers. This beautiful one of a kind home is offered turn-key including almost all personal property on site. (there is a small list of exclusions) This multi purpose home offers you many opportunities!! This Victorian style can be "home sweet home" or apartments or a B&B or an office/home combo or... Use your imagination. Includes a 2 car detached garage in the alley along with 5 private parking spaces plus on-street parking in front. You get Main Street frontage with peace and tranquility at the same time. CAP rate for this property is 5%. Don't miss out on this one!!

Facts & Features
MLS® # 36994
Price $800,000
Bedrooms 5
Bathrooms 4.50
Full Baths 4
Half Baths 1
Square Footage 4,414
Acres 0.25
Year Built 1902
Type Residential
Sub-Type Within Township/City Limits
Style Victorian
Status Active
Square Footage Source Assessor
Community Information
Address 718 E Main Street
Area Montrose - MROS (Major Area None)
Subdivision None
City Montrose
County Montrose County
State Colorado
Zip Code 81401
Amenities
Utilities Regular Phone, Gas Base
Parking 2 Car, 3 Car +
Garages 2 Car Garage
Has Pool No
Interior
Appliances Dishwasher, Disposal, Dryer, Elec Oven/Range, Microwave, Refrigerator, Washer
Heating Electric, Forced Air, Gas, Other
Fireplace Yes
Fireplaces 2, Artificial Gas Logs
Has Basement No
Lofts None
Exterior
Roof Metal
Construction Frame
Additional Information
Zoning Residential/Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Deed Restrictions None
Legal Subd: MONTROSE TOWN OF Block: 42 Lot: 6 THRU:- Lot: 8 & W1/2 OF 5
Disclosures Covenants
Taxes 2791.08
Tax Year 2019
Real Estate Transfer Tax None
Listing Details
Agent Kari Girard
Office Ponderosa Real Estate The Source for Real Estate
Photo of Steve Cieciuch (Chet-chu)

Steve Cieciuch (Chet-chu)

Office: 970-369-5322
Cell: 970-708-2338

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Listing information last updated on April 8th, 2020 at 9:38am MDT.

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