$650,000 $3,489 est/mo Sourced by Back At You

1450 Colorado Avenue,Grand Junction, CO 81501

Grand Junction CO, 81501

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Description

Discover an excellent investment opportunity to own a charming multi-family complex in downtown Grand Junction, CO. This terrific income property has a strong rental history and is perfectly positioned to take advantage of the vibrant downtown lifestyle. Nestled close to downtown, this property provides easy access to a plethora of amenities, including shopping, parks, and a wide range of recreational activities, making it an ideal location for any tenant. This five-unit building offers off-street parking and an open patio space, perfect for enjoying the outdoors. Each unit has been thoughtfully designed to offer its own unique space and atmosphere, catering to diverse tenant preferences. All units feature various upgrades, ensuring they provide everything a renter might need for a comfortable living experience. Every unit comes complete with a full bathroom. Units C and D are particularly spacious, offering both ground and upper floors for added area and flexibility. This multi-family complex is not just a property; it’s an investment in a thriving community. Whether you’re an experienced investor looking to expand your portfolio or a newcomer seeking a reliable income property, this downtown complex offers the perfect blend of charm, location, and profitability. Don't miss out on this opportunity, contact us today to schedule a viewing and see for yourself why this property is such an asset!

Details

MLS#20242282
Listing TypeFor Sale
StyleTown House / Duplex
Sub-TypeResale
StatusActive
Year1975
Days On Site21
Listing Provided ByTHE CHRISTI REECE GROUP | JEFFREY HOFFMAN
Listing Commission3%

Features

Bed(s)10
Bath(s)5
SQ Feet4,035
BasementY
Story(s)2
Units5
ZoningMU-1
Acreage0.14

Market Activity 81501

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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Listings Checked: 2 minutes ago
StateCO
CountyMESA
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Community NameKeiths Add
Listing VS Median (in Keiths Add)
Price:
$650,000
low | high
Med:
$574,900
61.553846153846% of Average
SqFt:
4,035
low | high
Med:
3,275
68.835192069393% of Average
$ / SqFt:
$161
low | high
Med:
$176
41.028937169701% of Average
On Site:
21
low | high
Med:
92.000000
22.826086956522% of Average
Sourced by Back At You
Listing Updated: May 24, 2024 at 4:38:27 PM PDT