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+19702419200
144 REALTY
2045 Bunting Avenue, Grand Junction, CO 81501
- $719,000
- 8
- BD
- 4
- BA
- 2,989
- SqFt
- List Price
- $719,000
- Price Change
- ▼ $20,000 1790647475
- Days on Market
- 85
- Status
- ACTIVE
- MLS#
- 20263460
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,989
- Lot Size (Acres)
- 0.2
- Style
- Ranch, Fourplex
- Year Built
- 1976
Property Description
4plex located in the heart of town less than 1/2 mile away from CMU. Fully leased with a current cap rate of 7.5%, and a pro-forma cap rate of 8.5+%. Separate storage building included with 5 storage units, one for each tenant and one for owner/maintenance. Each tenant has their own fenced yard space, private laundry services for washer/dryers, and plenty of parking on the property. Gas/Electric separately metered. New exterior paint, all new showers throughout, and 2 of the 4 units have been fully remodeled in the last couple of years, including all new paint, flooring, fixtures, vanities, showers, countertops, etc. Units have been rented within days of going vacant for the time owner has had it - low inventory for this product in this location. Located close to new car wash that was just built on North Avenue.
Additional Information
- Area
- Grand Junction City
- Subdivision
- N/A
- Taxes
- $2,023
- Stories
- 1
- Interior Features
- Other, See Remarks
- Amenities
- Other, Pets Allowed, See Remarks, Storage
- Flooring
- Carpet, Laminate, Luxury Vinyl, Luxury Vinyl Plank
- Exterior Features
- Dog Run, Other, Shed, See Remarks
- Heating
- Floor Furnace, Natural Gas
- Cooling
- Evaporative Cooling
- Water
- Public
- Sewer
- Connected
- Elementary School
- Orchard Avenue
- Middle School
- Bookcliff
- High School
- Grand Junction
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Listing courtesy of VENTURE GROUP.
