$309,000

744 Colorado Avenue

Grand Junction CO, 81501

Description

VIRTUAL TOUR AVAILABLE! 744 & 746 Colorado Ave: a DOWNTOWN DUPLEX with old-school charm! 746 has been refreshed with paint, and 744 received a makeover, complete with gorgeous refinished floors and kitchen and bath updates. All the work is done for you--just kick back and collect your 8.5% cap rate! Both sides are rented for $1125 for 12 months. One lease is directly with the owner; the other is managed through Real Property Mgmt Now. Each unit is 2-bed, 1-bath, with separate gas & electric meters, water heaters, and heaters. Fencing has been added to accommodate separate backyards for each tenant. Underneath, Foundation Repair added power braces to address the cracks in the foundation wall. Zoning could allow the garage to be transformed into an ADU. Set yourself up for success today! All information herein is deemed reliable but not guaranteed. Broker is related to Seller.

Details

MLS#20201974
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site29

Features

SQ Feet2,360
Units2

Market Activity 81501

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Area Information

StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$309,000
low | high
Med:
$205,000
83.656957928803% of Average
SqFt:
2,360
low | high
Med:
900
100% of Average
$ / SqFt:
$131
low | high
Med:
$228
23.966199208918% of Average
On Site:
29
low | high
Med:
3
100% of Average
Listing Updated: 05/28/2020
MLS Number: 20201974
Listing Provided By:
TAMMY BENDETTI  of  EXP REALTY LLC

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.