Skip To Content

718 E Main Street

Montrose, CO 81401
  • $1,275,000
  • STATUS: Active
  • ON SITE: 186 Days
  • MLS #: 794229
UPDATED: 19 min ago
$1,275,000
  • 6
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,414
    SQFT
  • $289
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1902
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Keller Williams Realty Southwest Associates, Llc - Montrose: 970-247-3840.


Description

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

Monthly Payment Calculator

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.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-12-06T22:56:24.317.
www.homesforsaledurango.com/homes/129424693
Print Image

718 E Main Street Montrose, CO 81401

  • Price: $1,275,000
  • Status: Active
  • On Site: 186 Days
  • Updated: 19 min ago
  • MLS #: 794229
6
Beds
4
Baths
0
½ Baths
0.25
Acres
4,414
SQFT
$289
$/SQFT
1902
Built
Neighborhood:
Other
County:
Montrose
Area:
Montrose City
Elementary School:
Pomona K-5
Middle School:
Centennial 6-8
High School:
Montrose 9-12
Property Description
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
Exterior Features

Acreage Range .25-.5 Carport No Construction Type Concrete/BlockWood Frame Exterior Inclusions BalconyCovered PorchDeckLandscapingLawn SprinklersPatioShed/Storage Exterior Structures GarageShed Garage Yes Garage Type Detached Garage Property Attached No Roof Metal Sewer Source Public Sewer Siding Wood Stories Three Story Street Description City/Town Style Victorian Utilities Cable TvElectricInternetNatural Gas Water Well No Waterfront YN No

Interior Features

Additional Living Quarters No Appliance Inclusions DishwasherDisposalDouble OvenDryerMicrowaveRange TopRefrigeratorWasher Cooling Evaporative CoolerWindow A/C Unit(S) Dining Kitchen BarSeparate Dining Fireplace BedroomDen/Family Room Flooring Carpet-PartialLaminateTile Foundation Basement Basement-Below Grade Heating Fuel Source ElectricNatural Gas Heating System FireplaceFloor Radiant Interior Inclusions Window CoveringsWired/Cable TvAll FurnishingsCeiling Fan(S)Sound SystemWet BarGranite CountersSecurity SystemT&Amp;G CeilingsGarage Door Opener Master Bedroom Level Main Level One Quarter Baths 1 Total Office Dens 0 Water Heater Gas Water Heater

Property Features

Current Use CommercialResidential Green Certification No Hoa No New Construction YN No Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2022 Total Taxes 3310.36 Water Rights No Zoning CommercialResidential Single Family

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.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Blackmore Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-12-06T22:56:24.317.
 
https://bt-photos.global.ssl.fastly.net/cren/1280_boomver_2_794229-2.jpg https://bt-photos.global.ssl.fastly.net/cren/1280_boomver_2_794229-2.jpg https://bt-photos.global.ssl.fastly.net/cren/1280_boomver_2_794229-2.jpg
Logo
The Blackmore Group
842 Main Ave
Durango CO, 81301
Listing courtesy of Keller Williams Realty Southwest Associates, Llc - Montrose: 970-247-3840.