315 & 319 S Cascade Ave, Montrose, CO 81401

Property Description

Unmatched Potential Meets Downtown Dream Home with 2 Additional Detached Living Units, Shop/Garage, Fantastic Finishes, and Incredible Walkability! Live the dream and have someone else pay for it with this incredibly lucrative, cash-flowing opportunity. The main home has been re-imagined and remodeled, simultaneously preserving the wonderful character of the era, while delivering peace of mind with quality updates throughout. Enjoy the convenient lifestyle of the en-suite on the main level, as well as an open concept floor plan flooded with natural light and united by gorgeous hardwood floors. The kitchen includes modern comforts, including beautiful granite countertops, soft-close wood cabinetry, a huge pantry, and an ergonomic layout. Located right off the kitchen is the flex-room you never knew you needed, which could function as an epic home gym, reading nook, or home office. The main floor living and dining spaces are dialed in with updated fixtures, on-trend paint and wallpaper, and all the space you need for entertaining and hosting. The en-suite has private access to the backyard, and a comfortable, character-filled bath with a clawfoot tub and walk-in closet. Upstairs are 2 spacious guest bedrooms and a stunning, remodeled bathroom with a large tiled walk-in shower, and another clawfoot tub. The backyard is private and fully fenced, and offers generous space for indoor/outdoor living. With not 1 but 2 detached living units, the potential on this property is next level. With the opportunity to purchase mostly furnished, the studio home boasts versatility and function in every way. A vaulted ceiling with wood beam work, updated fixtures, paint, and wallpaper set an attractive and homey tone, and the bathroom and kitchen allow for independent living. The garage is extra deep and would accommodate larger vehicles, all the gear you're bringing with you, and has a workbench and cabinetry, perfect for tinkering and projects. It also hosts the 2nd dwelling which is currently rented out, has a full bath and full kitchen appliances, and is even zoned for possible business use, providing even more room for creativity and expansion. The sellers have merged discernment with intention in taking this property to the next level with an extensive list of improvements, such as refinishing the hardwood floors, new windows, converting and refreshing both studio spaces, installing mini-splits, paint, fencing, and concrete patio work, and the list goes on. All of this is located a block from the revitalized and thriving downtown Montrose metro, complete with a budding brewery and restaurant scene, new and trendy hotels, chic shopping and fashion, a historic theatre, stunning murals, and inspiration everywhere you look. Rent all 3 units out and park your cash in what would be a solid, cash-cow investment, or live the dream in 1 and let someone else fund it. An Exciting, New World Full of Possibilities is Waiting for You; Experience it For Yourself Today!