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718 E Main StreetMontrose, CO 81401Price: $1,275,000

  • Price: $1,275,000
  • Est. Mortgage of $/month
  • 128 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Oct 6, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,275,000List Price
  • 6Bedrooms
  • 1902Year Built
  • 4,414Square Feet
Listed by Beckie Pendergrass and Deanna Jakino of Keller Williams Realty Southwest Associates,LLC - Montrose

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AN INCREDIBLE OPPORTUNITY AWAITS YOU TO OWN A HOME WITH HISTORIC CHARM IN THE HEART OF DOWNTOWN MONTROSE,CO. Originally constructed in 1902 for J.V. and Emma Lathrop's family, this architecturally impressive home embodies a period of Montrose history. The Lathrop House was listed on the National Register of Historic Places in 1988 and is one of Montrose's most well recognized buildings on Main Street with its beautiful architecture and simple classic lines. This Victorian home was the most expensive built in the town around the time of construction and the largest. Today, this home boasts 6 bedrooms and 5 baths total, with several living spaces, an office, a formal dining room, chef's kitchen, 2 built in fireplaces and a beautiful wrap-around porch designed by Emma Lathrop herself. WHILE THIS PROPERTY WAS PREVIOUSLY A BED AND BREAKFAST, THE FOCUS NOW MAY BE BETTER SUITED AS AN INVESTMENT PROPERTY OF 3 RENTALS. THE GROSS RENTAL INCOME IS ESTIMATED AT 5-6,000 A MONTH FOR ALL THREE UNITS. The attention to detail from the columns and scrollwork to the wallpaper and stained-glass windows throughout in this home are a must see. Schedule a tour today! INCLUSIONS MAY BE PURCHASED BY A BILL OF SALE. THE EXTERIOR OF THE HOME WAS JUST REPAINTED WITH A NEW COLOR AND IT TRULY LOOKS BEAUTIFUL!! CALL TO SEE! THE COST OF THAT PAINT JOB WAS APPROXIMATELY $35,000

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated October 7, 2022

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