1405 Elm Avenue

Grand Junction, CO 81501

About this property

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.

Date Added
May 8, 2019
Listing Status
Sold
Days On Site
220
MLS#
20192476

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
1920
Garage
0
Pool
No
Story(s)
Property View
No
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Off The Market
0 Beds
0 Baths
1,344 SQFT

Presented By Coldwell Banker Distinctive Properties, Steamboat Springs

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Brokerage
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(970) 879-8814
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Area Information

Grand Junction City | County |

$ 220,000
This listing is play_arrow 2.3% higher than the average in the area
$ 215,000 in the area
1,344 SqFt
This listing is play_arrow 10.0% smaller than the average in the area
1,494 SqFt in the area
$ 164 $/SqFt
This listing is play_arrow 13.5% more than the average in the area
$ 144 $/SqFt in the area
220 days on site
This listing is play_arrow 621.3% above the average in the area
31 days on site in the area

Schools in the Area

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    Elementary School
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