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Off market
  • $540,700

    350 Gunnison Ave, Grand Junction, CO 81501

    5beds
    3,008sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $540,700 Zestimate®
    $180/sqft
    $1,762 Estimated rent

    Owner options

    List your home for rent

    $1,762/mo

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    $1,762/mo

    Rent Zestimate®

    Refinance and save

    $2,973/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $2,973/mo

    Est. payment

    What's special

    Historic Spanish Colonial Revival apartment building in downtown Grand Junction. The building has undergone numerous renovations in the last 15 years: lifetime guarantee paint on the exterior, new windows, new sewer line, new furnace-improvements too numerous to list here. Four spacious 1 bd/1bath apartments (700 sq. ft.) and one efficiency gardent unit. Includes all appliances and community washer/dryer in the basement. Basement also includes 3 storage areas that can be rented by tenants or used by owner. Back yard is landscaped and serves as a common area for tenants to bbq or entertain guests. Tenants have designated finished parking space in back with secured entry. So much potential for this property! Location would ensure successful air bnb conversion and/or building additional units with the city's objective for denser population in established urban areas. I have had 0 vacancy rate in last 5 years. Serious investors only please! Selling as-is based on major improvements already completed. Time to pass the cash flow torch to a younger investor!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air
    Cooling
    • Wall
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,008 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Garage - Detached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,000 sqft
    Details
    • Parcel number: 294514222009

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Roof: Other
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Grand Junction