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540 29 Road

Grand Junction, CO 81504
  • $948,500
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • MLS #: 20240357
Under Contract
$948,500
  • 15
    BEDS
  • 0.45
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,880
    SQFT
  • $161
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investment opportunity! Beautiful brick eight unit building convenient to services! Six of the units are leased on annually renewing leases and two of the units have been used by the owners for air b n b purposes. Reach out to schedule your showing for this income producing property today! Gross cap rate over 10%. Seven units are 2 beds, 1 bath. One unit is 1 bed, 1 bath.

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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 2024-02-25T00:15:20.53 UTC.

www.buygrandjunctionco.com/homes/147117576
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540 29 Road Grand Junction, CO 81504

  • Price: $948,500
  • Status: Active Under Contract
  • On Site: 24 Days
  • MLS #: 20240357
15
Beds
8
Baths
0
½ Baths
0.45
Acres
5,880
SQFT
$161
$/SQFT
1979
Built
Neighborhood:
Formay
County:
Mesa
Area:
Ne Grand Junction
Elementary School:
Nisley
Middle School:
Bookcliff
High School:
Central
Property Description
Investment opportunity! Beautiful brick eight unit building convenient to services! Six of the units are leased on annually renewing leases and two of the units have been used by the owners for air b n b purposes. Reach out to schedule your showing for this income producing property today! Gross cap rate over 10%. Seven units are 2 beds, 1 bath. One unit is 1 bed, 1 bath.
Exterior Features

Architectural Style Two Story Construction Materials Brick Other See Remarks Wood Siding Wood Frame Direction Faces West Exterior Features None Levels Two Lot Features Corner Lot Landscaped Lot Size Dimensions 141x140 Patio And Porch Features None Road Frontage Type City Street Shared Road Surface Type Paved Roof Asphalt Composition

Interior Features

Appliances Dishwasher Electric Oven Electric Range Refrigerator Basement Other See Remarks Cooling Evaporative Cooling Cooling YN Yes Fireplace YN No Flooring Carpet Laminate Luxury Vinyl Plank Heating Baseboard Heating YN Yes

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Current Use Residential Elevation 4650 Land Lease YN No Property Sub Type Multi Family Sewer Connected Tax Annual Amount 3696.54 Tax Year 2023 Water Source Public Zoning Description RES

Listing courtesy of Rebekah Mendrop of RE/MAX 4000, INC: 970-241-4000.
© 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 2024-02-25T00:15:20.53 UTC.

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