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1450 Colorado Avenue

Grand Junction, CO 81501
  • $650,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 20242282
UPDATED: 44 min ago
$650,000
  • 10
    BEDS
  • 0.14
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,035
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Information

Elementary School:
Middle School:
High School:

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!

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© 2024 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. Data last updated 2024-07-12T13:15:20.99 UTC.

www.buygrandjunctionco.com/homes/150918724
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1450 Colorado Avenue Grand Junction, CO 81501

  • Price: $650,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 44 min ago
  • MLS #: 20242282
10
Beds
5
Baths
0
½ Baths
0.14
Acres
4,035
SQFT
$161
$/SQFT
1975
Built
Neighborhood:
Keiths Add
County:
Mesa
Area:
Grand Junction City
Elementary School:
Chipeta
Middle School:
West
High School:
Grand Junction
Property 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!
Exterior Features

Architectural Style Two Story Construction Materials Vinyl Siding Wood Frame Direction Faces South Exterior Features None Levels Two Lot Features None Lot Size Dimensions 50x125 Patio And Porch Features None Road Frontage Type City Street Road Surface Type Paved Roof Asphalt Composition

Interior Features

Appliances Dishwasher Electric Oven Electric Range Disposal Gas Oven Gas Range Refrigerator Range Hood Basement Crawl Space Cooling Central Air Evaporative Cooling Cooling YN Yes Fireplace YN No Flooring Carpet Laminate Luxury Vinyl Plank Tile Foundation Details Slab Heating Forced Air Natural Gas Heating YN Yes Interior Features Laminate Counters Pantry Walk In Closets Window Features Window Coverings

Property Features

Accessibility Features None Association Amenities None Association Fee 0 Association Fee Includes None Association YN No Current Use Multi Family Elevation 4597 Land Lease YN No Property Sub Type Apartment Sewer Connected Tax Annual Amount 2075.8 Tax Year 2023 Water Source Public Zoning Description MU-1

Listing courtesy of Jeffrey Hoffman of THE CHRISTI REECE GROUP: 970-589-7700.
© 2024 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. Data last updated 2024-07-12T13:15:20.99 UTC.

 
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RE/MAX 4000 Inc
120 W Park Dr Ste # 200
Grand Junction CO, 81505