1270 Walnut Ave #A-B, Grand Junction, CO 81501

Nice 4-plex located near Colorado Mesa University! Units A, B, and C are one bedroom an one bath units. Unit D is a stand alone building with two bedrooms and one bathroom. Unit B has new carpet. This fourplex offers strong value-add opportunities for an investor seeking immediate cash flow and future upside. The property is currently stabilized with consistent occupancy with some units below market rent levels, allowing room for income growth. Property is zoned RH-24 to allow for future development into high density multifamily options. Property can be combined with 1290 Walnut Avenue which is a stand alone investment residence with a single tenant for $450,000 or combined offering of $975,000.