Video Tour:

https://my.matterport.com/show/?m=eN3zbBxiMCB
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1702 E Main St Montrose CO Airbnb on Vimeo

Don't miss this opportunity to acquire a low-entry-price property situated in a prime, highly visible location. This asset utilizes a hybrid weekly/monthly rental model designed to maximize occupancy and revenue, offering the potential for a compelling 13% capitalization rate.

Optional income from the seasonal pool and patio area can further boost annual returns by up to $8,000.

Property Features & Amenities

The property is meticulously set up for hospitality success, featuring:

Guest Suites: A welcoming guest check-in area and four (with potential for five) elegantly designed suites. One suite is complete with a private bathroom and kitchen.

Capacity & Comfort: A total of 7 beds and 5 well-appointed bathrooms.

Atmosphere: Two cozy fireplaces enhance the ambiance, and five separate entrances ensure convenience and privacy for all guests.

Outdoor Amenities: Guests will appreciate the outdoor pool, designated cooking area, and private patios.

Practical Updates: The exterior features new paint applied in 2025.

Parking: Ample on-site parking is available, accommodating up to 15 vehicles.



Unbeatable Regional Access

The location is a major asset, perfectly positioned in a central hub:

Walkable Convenience: The property is within walking distance of popular local eateries, including a bar and a Mexican restaurant.

Gateway Location: Located just minutes from the Montrose Regional Airport (MTJ), this is the ideal base for exploring major regional attractions.

Recreational Hub: Enjoy convenient access to year-round activities near Black Canyon National Park, Telluride Ski Resort, Silverton, Ridgeway, Ouray, Grand Junction, and Durango.

This high-yield property won't last. Contact us today to receive the detailed pro forma financials and seize this outstanding investment opportunity!

Property Facts:
• 3,700 Square Feet
• 0.57 Acres
• Guest Check In Area
• 7 Beds
• 5 Bathrooms
• Fireplaces
• 5 Separate Entrances

Montrose Facts:
• Elevation: 5,807
• Population: 21,003 (2022)
• Total Area: 18.5 Square Miles
• Founded 1882

Seller Financing Available

This Seven Bedroom Short Term Rental presents an exceptional investment opportunity, ideal for weekly and monthly rental income. Other ventures could be boutique hotels, Airbnb, lifestyle accommodations, or wedding venues. Subdivision is estimated to be complete in November 2025.

Rental Income Breakdown

Room 120 - 1BR, Weekly $400.00, Monthly $1,600.00, Annual $19,200
Basement Apartment - 1BR, Monthly $800.00, Annual $9,600.00
Room First Floor - 2BR, Monthly $700.00, Annual $8,400.00
Room 118 - 2BR, Weekly $600.00, Monthly $2,400.00, Annual $28,800.00
Room 119 - 2BR, Weekly $600.00, Monthly $2,400.00, Annual, $28,800.00

Pro Forma Income
Monthly Income: $7,900.00
Annual Income: $94,800.00
Season Rent Premiums: $10,400.00
Pool & Patio Rental: $8,000.00

GPI: $113,200
Expenses: $39,500.00
NOI: $73,700

Cap Rate: 13.4%