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1206 Main Street

Grand Junction, CO 81501
  • $574,900
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 20241027
UPDATED: 158 min ago
$574,900
  • 6
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,275
    SQFT
  • $176
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

Tons of possibilities with this exceptional property in the heart of Grand Junction's historical district! Priced $10k below assessed value, this charming 4-bedroom home, complete with a basement studio apartment and a second ADU home, presents multiple opportunities. Live in the main 4-bedroom home and reduce your payment by renting out the basement and/or the second home. This property is also ideal for those needing multiple living area arrangements, an owner-occupied investment opportunity, or rent out all three units for a lucrative investment. Have your own business? This property is zoned for residential and commercial use. Live in the main house and open up shop in the second unit. The main house exudes charm with its enclosed porch, white picket fence, and original features like a brick fireplace and built-ins. Recent upgrades include a modernized kitchen, updated flooring, renovated bathrooms, and enhanced electrical service. The main floor hosts the living, kitchen, dining areas, and a bathroom, while the upstairs offers four bedrooms and a full bath. The fully finished basement studio, with its own entrance, bathroom, and kitchenette, is ideal for rental or personal use. Additionally, the detached 2-bedroom, 1-bath ADU home across the drive features a kitchen and screened porch. Each unit currently has tenants on month-to-month or nearing-term leases, providing immediate move in or rental income potential. This property is conveniently located near Colorado Mesa University, Lincoln Park Sports Complex and Pool, Stocker Stadium, and Main Street's vibrant shops, eateries, farmer's market, and entertainment. Don't miss this fantastic opportunity to minimize your monthly payment or maximize your rental income with a property that offers versatility and charm. Act now to secure this desirable property!

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© 2024 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Rock Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Rock Real Estate. Data last updated 2024-07-16T13:15:22.003 UTC.

www.gjrealestatedevelopment.com/homes/148592446
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1206 Main Street Grand Junction, CO 81501

  • Price: $574,900
  • Status: Active
  • On Site: 123 Days
  • Updated: 158 min ago
  • MLS #: 20241027
6
Beds
4
Baths
0
½ Baths
0.14
Acres
3,275
SQFT
$176
$/SQFT
1920
Built
Neighborhood:
Keiths Add
County:
Mesa
Area:
Grand Junction City
Elementary School:
Chipeta
Middle School:
West
High School:
Grand Junction
Property Description
Tons of possibilities with this exceptional property in the heart of Grand Junction's historical district! Priced $10k below assessed value, this charming 4-bedroom home, complete with a basement studio apartment and a second ADU home, presents multiple opportunities. Live in the main 4-bedroom home and reduce your payment by renting out the basement and/or the second home. This property is also ideal for those needing multiple living area arrangements, an owner-occupied investment opportunity, or rent out all three units for a lucrative investment. Have your own business? This property is zoned for residential and commercial use. Live in the main house and open up shop in the second unit. The main house exudes charm with its enclosed porch, white picket fence, and original features like a brick fireplace and built-ins. Recent upgrades include a modernized kitchen, updated flooring, renovated bathrooms, and enhanced electrical service. The main floor hosts the living, kitchen, dining areas, and a bathroom, while the upstairs offers four bedrooms and a full bath. The fully finished basement studio, with its own entrance, bathroom, and kitchenette, is ideal for rental or personal use. Additionally, the detached 2-bedroom, 1-bath ADU home across the drive features a kitchen and screened porch. Each unit currently has tenants on month-to-month or nearing-term leases, providing immediate move in or rental income potential. This property is conveniently located near Colorado Mesa University, Lincoln Park Sports Complex and Pool, Stocker Stadium, and Main Street's vibrant shops, eateries, farmer's market, and entertainment. Don't miss this fantastic opportunity to minimize your monthly payment or maximize your rental income with a property that offers versatility and charm. Act now to secure this desirable property!
Exterior Features

Architectural Style Other Ranch Two Story Construction Materials Stucco Wood Siding Wood Frame Direction Faces South Exterior Features Other See Remarks Levels Two Lot Features Corner Lot Landscaped Lot Size Dimensions 49.5 x 125.8 Other Structures Guest House Patio And Porch Features Covered Patio Road Frontage Type City Street Road Surface Type Gravel Paved Roof Asphalt Composition

Interior Features

Appliances Dishwasher Electric Oven Electric Range Refrigerator Basement Exterior Entry Full Finished Other See Remarks Basement YN Yes Cooling Window Units Cooling YN Yes Flooring Carpet Laminate Simulated Wood Tile Heating Baseboard Forced Air Hot Water Heating YN Yes Interior Features Ceiling Fans Pantry Laundry Features Washer Hookup Dryer Hookup

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Current Use Multi Family Elevation 4594 Land Lease YN No Property Sub Type Multi Family Sewer Connected Tax Annual Amount 2140.16 Tax Year 2023 Water Source Public Zoning Description R-0

Listing courtesy of Keith Everitt of EXP REALTY, LLC: 888-440-2724.
© 2024 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Rock Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Red Rock Real Estate. Data last updated 2024-07-16T13:15:22.003 UTC.

 
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Red Rock Real Estate
794 25 3/4 Rd
Grand Junction CO, 81505