Active

747 Gunnison Avenue

Grand Junction CO, 81501

$715,000


Active

Commercial

Looking for income opportunity with crazy amounts of CHARACTER? Look no further! This historic 4-plex with vintage character & modern updates is centrally located in the heart of downtown Grand Junction. Nearby to the University & Main Street, you can take advantage of many renting options (both long and short term) in a highly desirable spot. The house underwent a complete, professional renovation starting in 2012 with a new ROOF. Since then, the updates continued with new WINDOWS, ELECTRICAL, PLUMBING, SEWER LINE, DUCTS, 95% efficiency HVAC, reinforced STRUCTURAL & extra INSULATION. Units 2, 3, 4 have been successful short-term rentals since 2018. Units 2 and 3 are upstairs and have a very similar layout. Both include LVP flooring, updated appliances & custom artisan wood x metal finishes (check out the range hoods & sliding barn doors). Unit 3 includes some exposed brick, and both include enclosed porches which have been converted into bedrooms. Unit 4 also has a modern-meets-vintage style and includes a generous walk-in closet. Each unit includes its own bathroom, three-quarter, or full. While these upgraded units feel modern, the owner has blended character x contemporary to give them an aesthetic like none other. Unit 1 features original hardwood floors, high ceilings, two gorgeous, oversized sets of French doors leading to separate front porches, original built-ins and an updated bathroom... an opportunity for further updating if desired, but not necessary. The east side entrance provides access for units 1, 2, 3, as well as the common laundry area, while unit 4 has its own access on the west side. There are 4 electric meters, 1 gas meter & 1 water meter. The rustic metal and green wood siding offer a modern contrast that suits this home's vibe and the xeriscaped large lot completes the turnkey, low-maintenance ease. The side/back yard has a large open patio, raised garden beds and mature trees. Generous space out back with tons of parking area, two garages (a single and a double), and shed/storage space. With excellent design and detail incorporated, this is an absolutely unique opportunity that you CAN'T miss out on! Come see it today!

20244687

MLS ID

October 11, 2024

Listed

October 18, 2024

Updated

Map

747 Gunnison Avenue
Grand Junction CO, 81501

Other Property Details

Area Name

Grand Junction City


Taxes

$1,611


Tax Frequency

Annually


Garage

No


View

No


County

Mesa


Pool

No

Courtesy of THE CHRISTI REECE GROUP, ,
Listing Contact: 970-250-9682 

Based on information from Grand Junction Area REALTORS Association as of 10/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Grand Junction Area REALTORS Association. . All rights reserved.

Data last updated 8:49 PM UTC, 10/18/2024

 

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