631 N 1st Street Montrose, CO 81401

Welcome to 631 N. 1st St., a charming bungalow (with basement) in the heart of downtown Montrose, CO. This beautifully updated 3-bedroom, 2-bathroom home is just a short walk to the vibrant shops and restaurants of downtown. Originally a 2-bedroom, 1-bathroom home, it has been thoughtfully expanded to include a spacious master suite, a third bedroom, and an upstairs laundry closet with an "All-in-One" Washer/Dryer included. Enjoy the fresh look with new interior paint, refinished wood floors, and 2 1/2-inch faux blinds throughout. An additional 788 SF unfinished basement, with a newly installed Egress window, has a clean slate & is ready for your creative remodeling ideas for additional living space and as a bonus, has it's own separate entrance, offering endless potential—perfect for a short or long-term rental as additional income OR to be utilized as a Mother-in-Law Suite. The updates don't stop inside – the home boasts a new roof, a new sewer line, and beautifully trimmed trees. The front yard features lush flower beds with a drip system, while sprinklers have been added for easy lawn care. The backyard is prepped with a valve box station, ready for your landscaping vision and has a freshly painted & updated garage. Also fair to note that this property is located in the opportunity zone, offering potential for an ADU (Accessory Dwelling Unit). With all of the new additions & upgrades and fresh opportunities, this home blends comfort, style, and functionality. Don't miss the chance to own this move-in-ready gem with so much potential for growth! Make it yours today!