1038 Rood Avenue,Grand Junction, CO 81501
Grand Junction, CO 81501
Description
Exceptional downtown duplex just blocks from Main Street, offering immediate income and future upside. This well-maintained and updated property features two 1-bedroom units with stable long-term tenants on 1 side and vacant on the other. One unit offers a spacious two-story layout with 2 bathrooms, while the second provides a comfortable single-level 1 bed/1 bath. Situated on a generous lot with a large backyard, this property stands out for its potential to add an Accessory Dwelling Unit (ADU)a rare opportunity in one of Grand Junction’s most desirable and evolving neighborhoods. Walking distance to downtown and CMU, each unit has an extra room which could be transformed into a 2nd bedroom. I also know some parents of college students are looking too.Whether you are an investor seeking long-term appreciation, or an owner-occupant looking to live in one unit while generating income from the others, this property offers flexibility and upside that is increasingly hard to find downtown.
Details
| MLS # | 20263469 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 41 |
| Listing Provided By | COLORADO REALTY 4 LESS, LLC | KATHLEEN HAAS |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,332 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | R-8 |
Exterior
| Lot Features | Landscaped |
|---|
Taxes
| Tax Annual Amount | 1859 |
|---|
Area Information
| State | CO |
|---|---|
| County | Mesa |
| City | Grand Junction |
| Zip Code | 81501 |
| Area | Grand Junction City |
| Community Name | N/A |
| Listing VS Median (in N/A) | |
Price: $475,000 low | high Med: $680,000 sqft: 2,332 low | high Med: 1,152 $ / sqft: $204 low | high Med: $590 On site: 41 low | high Med: 136 | |
Market Activity 81501
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Learn More About This Property
| State | CO |
|---|---|
| County | Mesa |
| City | Grand Junction |
| Zip Code | 81501 |
| Area | Grand Junction City |
| Community Name | N/A |
| Listing VS Median (in N/A) | |
Price: $475,000 low | high Med: $680,000 sqft: 2,332 low | high Med: 1,152 $ / sqft: $204 low | high Med: $590 On site: 41 low | high Med: 136 | |