1450 Colorado Avenue, Grand Junction, CO 81501

$650,000
10
BD
5
BA
List Price
$650,000
Days on Market
29
Status
ACTIVE
MLS#
20242282
Bedrooms
10
Bathrooms
5
Living Area (Sq. Ft.)
4,035
Lot Size (Acres)
0.14
Style
Two Story
Year Built
1975

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!

Additional Information

Area
Grand Junction City
Subdivision
Keiths Add
Taxes
$2,075
Stories
2
Interior Features
Laminate Counters, Pantry, Walk-In Closet(s)
Amenities
None
Flooring
Carpet, Laminate, Luxury Vinyl Plank, Tile
Exterior Features
None
Heating
Forced Air, Natural Gas
Cooling
Central Air, Evaporative Cooling
Water
Public
Sewer
Connected
Elementary School
Chipeta
Middle School
West
High School
Grand Junction

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of THE CHRISTI REECE GROUP.

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