Don't miss this amazing opportunity to own a successful Gunnison Valley Investment Property with proven positive cash flow. The 14 Units in the two building complex share a common sunny and grassy courtyard with in-ground watering system. Happy tenants enjoy the Community BBQ, Horseshoe and Game Area and Bike Parking. 16 exterior storage units with lots of off-street parking make renting these spacious units a breeze. Each two bedroom unit has a washer/dryer hook up and seven sets convey with purchase. Three of the units are fully furnished and can command a higher rent. The Owner has meticulously cared for the property for over ten years and has installed nearly $100,000 worth of improvements in last 12 months, including but not limited to: New Stoves, Refrigerators and Dishwashers, Forced Air Heating and Hot Water Heaters. The low maintenance vinyl siding and metal roof are all in good condition. There is a possibility of condominiumizing with proper City of Gunnison approvals.
Off market
$2,536,400
1201 W Tomichi Ave, Gunnison, CO 81230
24beds
14baths
11,760sqft
Income
Built in 1992
0.55 Acres lot
$2,536,400 Zestimate®
$216/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 14
Heating
- Forced air, Electric, Gas
Cooling
- None
Features
- Updated, Smoke Free, Pet Free
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 11,760 sqft
Property
Parking
- Total spaces: 24
Lot
- Size: 0.55 Acres
Details
- Parcel number: 378702202009
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Income
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- Year built: 1992
Community & neighborhood
Location
- Region: Gunnison
Other
Other facts
- Property Sub Type: Income
- Property Type: Income
- Exterior Features: Utility Shed, Yard, Balcony
- Structural Style: Multi-Story
- Unit Access: Exterior Access, Courtyard
- Interior Features: Updated, Smoke Free, Pet Free
- Building Type: Other, 5+ Plex (all units)
- Features: Fire Alarm
- Construction Methods: Other, Insulated Concrete
- Construction Materials: Vinyl Siding
- Site Features: Irrigated
- School District: Gunnison Watershed RE1J
- Reports Available: Legal Description, Profit/Loss Statement, Leases, Utility Average, Rental Average
- MLS: REcolorado