Unlock the potential of this strategically located R-4 zoned lot in Montrose! Ideal for investors or developers seeking a ready-to-go multifamily project, this property is perfectly positioned near key amenities and arterial roads. With flexible zoning allowing for townhomes, condos, or small apartment buildings, the possibilities are wide open. The neighborhood is experiencing rapid growth and redevelopment, making this a smart buy in an area with increasing demand for multi-family residential units. Features: R-4 zoning for high-density residential Strong rental market and ROI potential Great access to local schools, shopping, and medical facilities Utilities nearby for easy development Additional lots available (9, 10, 11, 12) and can be purchased together for a larger development project. Opportunity like this doesn’t last longsecure your piece of Montrose’s future today!
MLS# | 823268 |
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Listing Type | For Sale |
Style | Town House / Duplex |
Sub-Type | Resale |
Status | Active |
Days On Site | 28 |
Listing Provided By | NextHome Virtual | Jessamy Pressler |
Acreage | 0.68 |
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State | CO |
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County | Montrose |
City | Montrose |
Zip Code | 81401 |
Area | Montrose City |
Community Name | Other |
School District | Montrose 9-12 |
Elementary School | Johnson K-5 |
Middle School | Centennial 6-8 |
High School | Montrose 9-12 |
Listing VS Median (in Other) | |
Price: $185,000 low | high Med: $520,800 On site: 28 low | high Med: 364.500000 |