The Lathrop House in Montrose For Sale

Photo Gallery




Listing Description


The Lathrop House Montrose Colorado For Sale

Rare opportunity to purchase a landmark 1902 Victorian in downtown Montrose. 

The Lathrop House continues to present the finest "turn of the century" architecture while proudly displaying the National Historic Registry designation. Pride of ownership over the past century reflected throughout all 3 levels of the home which is now optimized for B&B use, as well as long term rental income. 

The kitchen features 2 refrigerators, 2 ovens and plenty of cabinet space, and granite countertops.  Living areas; entry, parlor, living room, and dining room are drenched in period finishes, fixtures, and furniture.  The first floor also has a large bedroom with private bathroom and stackable washer/dryer.   A bonus room is perfect for office or den.  The second level includes 3 guest rooms, 1-1/2 baths, plus a lock-off efficiency suite, bathroom, mini-kitchen and laundry with exterior entry. Penthouse apartment is on the 3rd story is complete with bedroom, bathroom, kitchen, wet bar, 4 built-in desks, living room and outside entrance.

Decor in this space is Colorado Lodge. Huge cottonwood trees canopy the front  that includes an elegant wrap-around porch, plus two fenced in patios on the West and East and a deck in the second floor, sprinkler system, fencing and flowers.  This beautiful one of a kind home is offered turn-key including almost all personal property on site. (there is a small list of exclusions) 

New boiler for home was installed in 2018.  This multi purpose home offers you many opportunities!!  This Victorian style can be "home sweet home" or apartments or a B&B or an office/home combo or... 

Use your imagination.  Includes a 2 car detached garage in the alley along with 5 private parking spaces plus on-street parking in front.  You get Main Street frontage with peace and tranquility at the same time. CAP rate for this property is 5%.  Don't miss out on this one!! 



Listing Information


Innkeeper: Toni Wyrick

Address: 718 East Main

PO Box:

City:Montrose

State:Colorado

Postal Code: 81401

Country: USA

Toll Free:

Phone: 970-725-4277

Cell: 970-725-4277

Fax:


Virtual Tour: View Now

E-mail: Send Message


Realtors Information


Realtor: Kari Girard

Realtor Company: Ponderosa Real Estate

Address: 565 Sherman St. Ridgway, CO 81432

PO Box: P.O. Box 556

City: Ridgway

State: CO (Delaware)

Toll Free:

Phone: 970-644-6569

Cell:970-626-9700

Fax:


E-mail: Send Message


Property Information


Sale Price:800,000$

Square Ft: 4,414 sqft

Lot Size in Acres: .25

Parking Spots: 2

Year Built: 1902

Last Renovation: 2003 & 2013

Years as Inn: 10

Guest Rooms: 6

Guest Bathrooms: 5

Owners Quarters: Yes

Restaurant: No

Pool: No

Furniture Included?: Yes

Sale or Lease?: For Sale

Avg. Annual Income: 50,000

MLS # : #756801

Other: