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Sold for $625,000
  • $625,000

    560 N Sparn Ct, Grand Junction, CO 81501

    10beds
    4baths
    4,024sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1977
    -- sqft lot
    $633,200 Zestimate®
    $155/sqft
    $1,558 Estimated rent

    Home value

    $633,200

    $583,000 - $684,000

    $1,558/mo

    Zestimate® history
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    $3,449/mo

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    What's special

    4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don’t miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.

    Zillow last checked: 8 hours ago

    Listing updated: January 24, 2025 at 10:09am

    Listed by:

    RACHEL JUSTMAN 970-615-0201,

    CENTURY 21 CAPROCK REAL ESTATE

    Bought with:

    TERI STYERS

    REJUVENATION HOMES

    Source: GJARA,MLS#: 20245262

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Hot Water
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • None
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 4,024
    • Total interior livable area: 4,024 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: None
    • Exterior features: None
    Lot
    • Size: 0.31 Acres
    • Dimensions: 194', 33', 128', 95'
    • Features: Cul-De-Sac, Irregular Lot, None
    Details
    • Parcel number: 294307110011
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bi-Level,Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: Grand Junction
    • Subdivision: Other

    Price history

    DateEventPrice
    1/23/2025Sold$625,000-5.2%$155/sqft
    Source: GJARA #20245262 Report a problem
    1/6/2025Pending sale$659,000$164/sqft
    Source: GJARA #20245262 Report a problem
    11/25/2024Listed for sale$659,000+28.3%$164/sqft
    Source: GJARA #20245262 Report a problem
    10/11/2024Listing removed$1,300
    Source: Zillow Rentals Report a problem
    9/5/2024Listed for rent$1,300+86%
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,754 +0.6%$36,670 +30%
    2024$1,744 +11.4%$28,200
    2023$1,565 +0.3%$28,200 +32.9%

    Find assessor info on the county website

    Neighborhood: 81501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Nisley
    • Middle: Bookcliff
    • High: Central

    Source: GJARA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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