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Sold for $625,000 on 01/23/25
  • $625,000

    560 N Sparn Ct, Grand Junction, CO 81501

    10beds
    4baths
    4,024sqft
    Quadruplex, Multi Family
    Built in 1977
    -- sqft lot
    $641,700 Zestimate®
    $155/sqft
    $1,427 Estimated rent

    What's special

    4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don’t miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.

    Zillow last checked: 7 hours ago

    Listing updated: January 24, 2025 at 10:09am

    Listed by:

    CENTURY 21 CAPROCK REAL ESTATE

    Bought with:

    REJUVENATION HOMES

    Source: GJARA,MLS#: 20245262

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Hot Water
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • None
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 4,024
    • Total interior livable area: 4,024 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: None
    • Exterior features: None
    Lot
    • Size: 0.31 Acres
    • Dimensions: 194', 33', 128', 95'
    • Features: Cul-De-Sac, Irregular Lot, None
    Details
    • Parcel number: 294307110011
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bi-Level,Fourplex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Siding, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: Grand Junction
    • Subdivision: Other
    Services availability