Description
Own one of Grand Junction's historic homes! Located in the beloved and highly walkable downtown area, this home offers historic charm without the price tag or fuss of the official historic district. Outside, water-wise xeriscaping makes yard maintenance a breeze. Inside, original woodwork and soaring ceilings are blended with thoughtful modern updates, including air conditioning for our hot valley summers. Not only are the two upper floors spacious and fully furnished, they also operate as a successful short-term rental. Look for "Grand Lodge" on AirBnB. Between the prime location, the 5 bedrooms, and the 2 baths, Grand Lodge pulls in an average of $3000 per month. The property is fully licensed with the City of Grand Junction, and the license transfers to the new owner as long as the contact information is updated. The recently-renovated basement (details in the "ADU" section above) has 3 bedrooms and 1 bathroom; it rents long-term for $1800/month. The bedrooms receive a surprising amount of sunlight for a basement unit. It stays cool and pleasant in the summertime, and cozy in the winter. A separate backyard area is provided so that tenants of each unit may enjoy the outdoors privately. The freestanding garage is separately metered and has a security system. It's currently being used for storage by the Seller. Would you prefer to use the property purely for income, or to live in comfortably, knowing your mortgage is offset by your rental income? Either way, come see this gem for yourself! Broker is related to seller.
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8BEDS
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0.17ACRES
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3BATHS
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01/2 BATHS
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3,132SQFT
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$261$/SQFT
School Information
Description
Own one of Grand Junction's historic homes! Located in the beloved and highly walkable downtown area, this home offers historic charm without the price tag or fuss of the official historic district. Outside, water-wise xeriscaping makes yard maintenance a breeze. Inside, original woodwork and soaring ceilings are blended with thoughtful modern updates, including air conditioning for our hot valley summers. Not only are the two upper floors spacious and fully furnished, they also operate as a successful short-term rental. Look for "Grand Lodge" on AirBnB. Between the prime location, the 5 bedrooms, and the 2 baths, Grand Lodge pulls in an average of $3000 per month. The property is fully licensed with the City of Grand Junction, and the license transfers to the new owner as long as the contact information is updated. The recently-renovated basement (details in the "ADU" section above) has 3 bedrooms and 1 bathroom; it rents long-term for $1800/month. The bedrooms receive a surprising amount of sunlight for a basement unit. It stays cool and pleasant in the summertime, and cozy in the winter. A separate backyard area is provided so that tenants of each unit may enjoy the outdoors privately. The freestanding garage is separately metered and has a security system. It's currently being used for storage by the Seller. Would you prefer to use the property purely for income, or to live in comfortably, knowing your mortgage is offset by your rental income? Either way, come see this gem for yourself! Broker is related to seller.