$715,000
( )
 $3,838 est/mo Sourced by Back At You

747 Gunnison Avenue , Grand Junction, CO 81501

Grand Junction, CO 81501

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Description

Looking for income opportunity with crazy amounts of CHARACTER? Look no further! This historic 4-plex with vintage character & modern updates is centrally located in the heart of downtown Grand Junction. Nearby to the University & Main Street, you can take advantage of many renting options (both long and short term) in a highly desirable spot. The house underwent a complete, professional renovation starting in 2012 with a new ROOF. Since then, the updates continued with new WINDOWS, ELECTRICAL, PLUMBING, SEWER LINE, DUCTS, 95% efficiency HVAC, reinforced STRUCTURAL & extra INSULATION. Units 2, 3, 4 have been successful short-term rentals since 2018. Units 2 and 3 are upstairs and have a very similar layout. Both include LVP flooring, updated appliances & custom artisan wood x metal finishes (check out the range hoods & sliding barn doors). Unit 3 includes some exposed brick, and both include enclosed porches which have been converted into bedrooms. Unit 4 also has a modern-meets-vintage style and includes a generous walk-in closet. Each unit includes its own bathroom, three-quarter, or full. While these upgraded units feel modern, the owner has blended character x contemporary to give them an aesthetic like none other. Unit 1 features original hardwood floors, high ceilings, two gorgeous, oversized sets of French doors leading to separate front porches, original built-ins and an updated bathroom an opportunity for further updating if desired, but not necessary. The east side entrance provides access for units 1, 2, 3, as well as the common laundry area, while unit 4 has its own access on the west side. There are 4 electric meters, 1 gas meter & 1 water meter. The rustic metal and green wood siding offer a modern contrast that suits this home’s vibe and the xeriscaped large lot completes the turnkey, low-maintenance ease. The side/back yard has a large open patio, raised garden beds and mature trees. Generous space out back with tons of parking area, two garages (a single and a double), and shed/storage space. With excellent design and detail incorporated, this is an absolutely unique opportunity that you CAN’T miss out on! Come see it today!

Details

MLS#20244687
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site28
Listing Provided ByTHE CHRISTI REECE GROUP | JENNIFER TAYLOR

Features

ZoningRM-8
Acreage0.26

Market Activity 81501

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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Learn More About This Property

StateCO
CountyMesa
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$715,000
low | high
Med:
$290,000
100% of Average
On Site:
28
low | high
Med:
98.000000
28.571428571429% of Average
Sourced by Back At You
Listing Updated: October 28, 2024 at 1:43:24 PM PDT