Investment opportunity! Beautiful brick eight unit building convenient to services! Six of the units are leased on annually renewing leases and two of the units have been used by the owners for air b n b purposes. Reach out to schedule your showing for this income producing property today! Gross cap rate over 10%. Seven units are 2 beds, 1 bath. One unit is 1 bed, 1 bath.
Sold for $948,500 on 03/29/24
$948,500
540 29th Rd, Grand Junction, CO 81504
15beds
8baths
5,880sqft
Multi Family
Built in 1979
-- sqft lot
$1,056,600 Zestimate®
$161/sqft
$1,487 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 01, 2024 at 10:48am
Listed by:
RE/MAX 4000, INC
Bought with:
CENTURY 21 CAPROCK REAL ESTATE
Source: GJARA,MLS#: 20240357
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
Heating
- Baseboard
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
Features
- Flooring: Carpet, Laminate, Luxury Vinyl Plank
- Basement: Other,See Remarks
- Has fireplace: No
Interior area
- Total structure area: 5,880
- Total interior livable area: 5,880 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: None
Lot
- Size: 0.45 Acres
- Dimensions: 141 x 140
- Features: Corner Lot, Landscaped
Details
- Parcel number: 294308301019
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Brick, Other, See Remarks, Wood Siding, Wood Frame
- Roof: Asphalt,Composition
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Connected
- Water: Public
Community & neighborhood
Location
- Region: Grand Junction
- Subdivision: Formay
Other
Other facts
- Road surface type: Paved