1460 Main St - Multi-Family FOR SALE


Grand Junction, CO 81501
$749,000 USD
970-256-9700
1460 Main St, Grand Junction, CO for Sale
$749,000 USD
Multi-Family - FOR SALE
1/31
null | Request Cap Rate

1460 Main St
Grand Junction, CO 81501


HIGHLIGHTS

  • Historic Main Home
  • Newer Built ADU in back
  • 3 Car Garage with separating wall for secure storage and alley access
  • Additional locked storage
  • Laundry in both units
  • Outdoor living space includes covered "Cabana"

OVERVIEW

Updated and cute-as-a-button historic downtown Grand Junction home with detached 3 car-garage and accessory dwelling unit(ADU) above the garage! This is truly a turn-key property - the main home was extensively updated in 2021 and offers 3bedrooms, 2 bathrooms, living room, dining room, kitchen and spacious mudroom/laundry area in approximately 1146 square feet. The ADU was built in 2021 and was well thought out as a rental or owner occupied unit. Overall it's a 3 car garage, however a wall was added to separate the 2 car space from the single car space so both units have access to secured parking and storage. An additional secured exterior accessed storage space could be dedicated to either unit. The ADU sits above the garage and offers 2 bedrooms, and 2 bathrooms, with a full kitchen, in-kitchen dining, living room, and full laundry room in approximately 901 sq ft! These 2 units have been excellent Short Term Rentals and would be a solid investment! You can rent out both units, or live in one and rent out the other! Parking is not a problem on this large downtown lot - the garage is accessed via the alley and offers an additional off-street parking space. The main home driveway can accommodate several cars off Main St., as well as on-street parking as available. Enjoy your outdoor space with the converted original single car garage - "The Cabana" offers a comfortable space to enjoy all the seasons Western Colorado offers! The ADU Unit also features a balcony. The property is being sold fully furnished and ready to rent - either short or long term, or live in it yourself!Schedule your showing of this unique investment property today!

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$366 USD /SF

# OF UNITS

2

PRICE/UNIT

$374,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Home with ADU - Short/Long Term

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RSF

APN/PARCEL ID

294513310026

ASK ABOUT THIS PROPERTY

Angela TaylorUnited Country - Real Colorado PropertiesMore Info
970-256-9700

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Angela TaylorUnited Country - Real Colorado PropertiesMore Info
970-256-9700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.