PRIME LOCATION. INCOME POTENTIAL. FUTURE DEVELOPMENT OPPORTUNITY. Positioned next to Montrose Regional Health and Centennial Middle School, this duplex offers an exceptional opportunity for homeowners, investors, and developers alike. Located within Montrose's REDO District and zoned R-4 High Density Residential, this property offers the potential for up to 5 total residential units, including the existing duplex. Whether you're looking to house hack by living in one unit and renting the other, expand your multifamily investment portfolio, or explore the opportunity to develop three additional units, this property offers the best of both worlds. Live in it. Invest in it. Develop it. Take advantage of a prime Montrose location with immediate rental potential and future development possibilities. Additional units are subject to applicable City approvals and development requirements. Buyer to independently verify all zoning, permitted uses, development potential, density allowances, and applicable requirements with the City of Montrose and relevant authorities. All proposed uses and additional units are subject to applicable approvals.