PENDING BEFORE PRINT. 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!
MLS# | 20250012 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1975 |
Days On Site | 38 |
Listing Provided By | THE CHRISTI REECE GROUP | JEFFREY HOFFMAN |
Bed(s) | 10 |
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Bath(s) | 5 |
SQ Feet | 4,035 |
Basement | Y |
Story(s) | 2 |
Units | 5 |
Zoning | MU-1 |
Acreage | 0.14 |
State | CO |
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County | Mesa |
City | Grand Junction |
Zip Code | 81501 |
Area | Grand Junction City |
Community Name | Keiths Add |
School District | Grand Junction |
Elementary School | Chipeta |
Middle School | West |
High School | Grand Junction |
Listing VS Median (in Keiths Add) | |
Price: $650,000 low | high Med: $457,000 SqFt: 4,035 low | high Med: 2,224 $ / SqFt: $161 low | high Med: $207 On Site: 38 low | high Med: 20.500000 |