Description
Excellent investment opportunity in the heart of Grand Junction! This property includes two fully renovated units - a 2-bedroom, 1-bath main home and a 1-bedroom, 1-bath ADU - each updated with modern finishes and well maintained inside and out. Both units feature comfortable layouts, stylish kitchens and baths, and inviting outdoor spaces. The main home has been successfully operated as a furnished rental, delivering consistent tenancy and strong occupancy. The property currently performs at an estimated 7% CAP rate for 2024 with a solid rental history, and furnishings can be included with the sale if desired. There's also potential to finish the basement for additional square footage or the creation of another unit, offering even more upside. Situated in a central, convenient neighborhood near downtown Grand Junction, shopping, and CMU, this turn-key investment provides reliable income and long-term potential with minimal maintenance requirements.
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3BEDS
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0.14ACRES
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2BATHS
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01/2 BATHS
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2,226SQFT
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$184$/SQFT
School Information
Description
Excellent investment opportunity in the heart of Grand Junction! This property includes two fully renovated units - a 2-bedroom, 1-bath main home and a 1-bedroom, 1-bath ADU - each updated with modern finishes and well maintained inside and out. Both units feature comfortable layouts, stylish kitchens and baths, and inviting outdoor spaces. The main home has been successfully operated as a furnished rental, delivering consistent tenancy and strong occupancy. The property currently performs at an estimated 7% CAP rate for 2024 with a solid rental history, and furnishings can be included with the sale if desired. There's also potential to finish the basement for additional square footage or the creation of another unit, offering even more upside. Situated in a central, convenient neighborhood near downtown Grand Junction, shopping, and CMU, this turn-key investment provides reliable income and long-term potential with minimal maintenance requirements.