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1266 Texas Avenue

Grand Junction, CO 81501
  • $425,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • MLS #: 20221907
Under Contract
UPDATED: 49 min ago
$425,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,094
    SQFT
  • $203
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

Two houses with dual rental income adjacent to CMU. Great investment opportunity in an excellent location. The main house is 1,224 sq ft with 4 bedrooms, 1 bathroom and the guest house is 870 sq ft with 1 bedroom, 1 bathroom. Current and projected rental income is available upon request. Projected CAP is just under 7%. Tenants are in place and have been offered a lease renewal on updated rental rates. Ample street side parking and carport parking available for both residences. Contact listing broker for additional details.

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© 2022 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 The Christi Reece Group. 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 The Christi Reece Group. Data last updated 2022-05-28T00:16:50.673 UTC.

www.christireece.com/homes/127973076
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1266 Texas Avenue Grand Junction, CO 81501

  • Price: $425,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • Updated: 49 min ago
  • MLS #: 20221907
5
Beds
2
Baths
0
½ Baths
0.17
Acres
2,094
SQFT
$203
$/SQFT
1950
Built
Neighborhood:
Prospect Park
County:
Mesa
Area:
Grand Junction City
Elementary School:
Orchard Avenue
Middle School:
East
High School:
Grand Junction
Property Description
Two houses with dual rental income adjacent to CMU. Great investment opportunity in an excellent location. The main house is 1,224 sq ft with 4 bedrooms, 1 bathroom and the guest house is 870 sq ft with 1 bedroom, 1 bathroom. Current and projected rental income is available upon request. Projected CAP is just under 7%. Tenants are in place and have been offered a lease renewal on updated rental rates. Ample street side parking and carport parking available for both residences. Contact listing broker for additional details.
Exterior Features

Architectural Style Ranch Carport YN Yes Construction Materials Wood SidingWood Frame Direction Faces South Exterior Features OtherShedSee Remarks Fencing Privacy Garage YN Yes Lot Features Xeriscape Lot Size Dimensions 60 X 125 Other Structures Shed(S) Parking Features Carport Patio And Porch Features None Road Frontage Type City Street Road Surface Type Paved Roof AsphaltComposition

Interior Features

Appliances DryerDishwasherElectric OvenElectric RangeDisposalRefrigeratorWasher Basement Crawl Space Cooling Evaporative Cooling Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetHardwoodLaminateSimulated WoodTile Heating Forced AirHot WaterNatural GasRadiant Floor Heating YN Yes Interior Features Main Level MasterOtherSee Remarks Laundry Features Laundry Room Main Level Rooms Master Bedroom Living Room Laundry Kitchen Dining Room Bedroom 5 Bedroom 4 Bedroom 3 Bedroom 2

Property Features

Accessibility Features None Association Fee Includes None Association YN No Current Use Residential Elevation 4632 Green Water Conservation Water-Smart Landscaping Land Lease YN No Property Sub Type Single Family Residence Sewer Connected Water Source Public Zoning Description R-12

Listing courtesy of Jeff Hanson of Bray Real Estate.
© 2022 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 The Christi Reece Group. 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 The Christi Reece Group. Data last updated 2022-05-28T00:16:50.673 UTC.

 
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The Christi Reece Group
1601 Riverfront Dr, Ste 103
Grand Junction CO, 81501