1416 Elm Avenue

Grand Junction, CO 81501-6325 County

Condominium  $399,000    MLS# 20206130

4 beds    3 baths    1942 build   

02-12-2021 08:01pm

  Property Description

Main house plus a separate ADU unit with owned solar panels, a studio apartment up and a brand new additional bedroom, bath, living room and kitchenette down with separate entrance and one car garage. Can be rented as separate bedrooms. Seller has done over $100K of improvements. Only 2 blocks from CMU. Main house includes washer and dryer, ADU has hookups. Cap rate is figured with upper and lower levels rented separately with $800 rent on lower half ( currently not rented but prominent property manager stated should be able to get $800 no problem), with taxes, utilities and insurance subtracted out. Would be great for parent to put student in the lower ADU unit and keep the existing leases. Each unit has use of a separate storage shed. Please see the 360 degree video tour via the link under the main picture.

  Listing Details

Property Type
Condominium
MLS#
20206130
MLS Originator
Navica
Last Updated
02-12-2021 08:01pm
Status

  Property Details

Property Subtype
Duplex
Price
$399,000
Location
Grand Junction, CO 81501-6325
Year Built
1942
Bedrooms
4
Bathrooms
3

  Map

  Property Level and Sizes

  Financial Details

  Interior Details

  Exterior Details

  Room Details

  Garage & Parking

  Exterior Construction

  Land Details

  Schools



  Listing Media

Virtual Tour
  Click here to watch tour

  Walk Score





  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 1416 Elm Avenue , Grand Junction, CO 81501-6325
- Property Type: Condominium, 4 beds, 3 baths, - SqFT
- Selling Price: $399,000
 
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  Contact Agent

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