1405 Elm Avenue
Grand Junction, CO 81501

Description

Two blocks from CMU campus! One house with three units. There is a garage near alley with power. Unit A has a long term tenant in place at $545/mo and rent hasn't been changed in years. Unit B is a studio rented at $450/mo. Unit C has just been redone and is rented at $700/mo. Potential here is amazing! You should check for zoning variance for potential 4 Plex. 2018 CAP is at 5.91. All info subject to change/error.

Details

MLS#20192476
Sub-TypeResale
StatusPending - Show
Year1920
Days On Site105

Features

SQ Feet1,344
Units3

Market Activity 81501

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Area Information

StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$220,000
low | high
Med:
$230,000
45.454545454545% of Average
SqFt:
1,344
low | high
Med:
1,132
65.77380952381% of Average
$ / SqFt:
$164
low | high
Med:
$203
25.875361387729% of Average
On Site:
105
low | high
Med:
37
100% of Average
Listing Updated: 08/20/2019
MLS Number: 20192476
Listing Provided By:
SAUL FORSTER  of  FORSTERS PROPERTY MANAGEMENT LLC

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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