Average square foot calculated using Size range provided by listing agent.
Description
Turnkey Duplex Near CMU-Fully rented & updated! Investor special just steps from Colorado Mesa University! This well-maintained duplex features 2 units: Unit 1: 4 bed / 2 bath @ $2, 000/mo. Unit 2: 2 bed (1 non-conforming) / 1 bath @ $1, 000/mo. Both tenants are M-T-M, tenants pay all utilities except W-S-T. No pets or smoking - ever. Major updates in last 5 years include new sewer line, roof & gutters, major mech systems (HVAC, etc). Ample off-street parking via alley + small RV pad for upper unit. Excellent rental demand due to proximity to CMU - ideal for student or faculty housing. Live in one unit & rent the other, or lease both for consistent income. High cap rate potential in a growing Grand Junction market. Prime location. Turnkey condition. Strong cash flow. Don't miss this low-maintenance, income-generating gem near one of GJ's most desireable rental zones.Show Description
MLS® Number20253420
Laundry Level
Central VacNo
FireplaceNo
Acreage0.17
ExteriorShed
GarageNo
Approx. Age1910
BasementExterior Entry, Full
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CEvaporative Cooling
Heating Fuel
Extras
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