Prime investment opportunity in the historic 7th Street district of Downtown Grand Junction. This multi-unit property includes six apartments, two of which are dorm-style with a shared bath, offering flexible rental configurations and strong demand from value-driven tenants. The building boasts a long, consistent rental history with all units currently rented month to month. Key mechanical updates, including a newer furnace, updated hot water, and a new septic line. With plentiful parkinga rarity downtownthis property is positioned for continued cash flow and long-term appreciation. A solid addition to any investor’s portfolio. REQUIRED at least a 48-hour notice for showings. NO SHOWINGS WILL BE APPROVED UNTIL AUGUST 1ST.
| MLS # | 20263486 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 41 |
| Listing Provided By | CENTURY 21 ELEVATED REAL ESTATE | CHANEL CRUMBAUGH |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 4,261 |
| Basement | Y |
| Story(s) | 2 |
| Units | 6 |
| Zoning | PD |
| Acreage | 0.24 |
| Lot Features | Xeriscape |
|---|
| Parking Features | Guest, Shared Driveway |
|---|
| Tax Annual Amount | 3316.35 |
|---|
| State | CO |
|---|---|
| County | Mesa |
| City | Grand Junction |
| Zip Code | 81501 |
| Area | Grand Junction City |
| Listing VS Median (in 81501) | |
Price: $850,000 low | high Med: $330,000 sqft: 4,261 low | high Med: 1,197 $ / sqft: $199 low | high Med: $279 On site: 41 low | high Med: 7 | |
| State | CO |
|---|---|
| County | Mesa |
| City | Grand Junction |
| Zip Code | 81501 |
| Area | Grand Junction City |
| Listing VS Median (in 81501) | |
Price: $850,000 low | high Med: $330,000 sqft: 4,261 low | high Med: 1,197 $ / sqft: $199 low | high Med: $279 On site: 41 low | high Med: 7 | |