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1270 Walnut Avenue A, B, C, D, Grand Junction, CO 81507

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For Sale

$525,000

5 beds

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Nice 4-plex located near Colorado Mesa University! Units A, B, and C are one bedroom an one bath units. Unit D is a stand alone building with two bedrooms and one bathroom. Unit B has new carpet. This fourplex offers strong value-add opportunities for an investor seeking immediate cash flow and future upside. The property is currently stabilized with consistent occupancy with some units below market rent levels, allowing room for income growth. Property is zoned RH-24 to allow for future development into high density multifamily options. Property can be combined with 1290 Walnut Avenue which is a stand alone investment residence with a single tenant for $450,000 or combined offering of $975,000.
MLS# 20254480

Courtesy Of VENTURE GROUP

(970) 892-2200

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Exterior Type
    Brick, Vinyl Siding
  • Floor Covering
    Carpet
  • Heating System
    Baseboard
  • Lot Size
    0.21 Acres
  • Roof Type
    Asphalt

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
Learn More About Us

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