2336 Elm Avenue new Save Request In-Person Tour Request Virtual Tour
Grand Junction,CO 81501
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,864 sqft
Price per Sqft $183
Subdivision Wilcox & Bixby
MLS Listing ID 20253420
Style Two Story
Bedrooms 6
Year Built 1910
Annual Tax Amount $2,000
Tax Year 2025
Property Sub-Type Duplex
Property 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.
Location
State CO
County Mesa
Area Grand Junction City
Interior
Heating Baseboard,Hot Water,Natural Gas
Cooling Evaporative Cooling
Flooring Carpet,Vinyl
Exterior
Exterior Feature Shed
Amenities Available None
Roof Type Asphalt,Composition
Building
Lot Description Landscaped
Story 2
Sewer Connected
Water Public
Structure Type Wood Siding,Wood Frame
Schools
Elementary Schools Orchard Avenue
Middle Schools Bookcliff
High Schools Grand Junction