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2045 Bunting Avenue
Grand Junction, CO 81501

$739,000 - Status: Active
Sq Feet Icon :
MLS Icon MLS# 20263460

4plex located in the heart of town less than 1/2 mile away from CMU. Fully leased with a current cap rate of 7.31%, and a pro-forma cap rate of 8.22+%. Separate storage building included with 5 storage units, one for each tenant and one for owner/maintenance. Each tenant has their own fenced yard space, private laundry services for washer/dryers, and plenty of parking on the property. Gas/Electric separately metered. New exterior paint, all new showers throughout, and 2 of the 4 units have been fully remodeled in the last couple of years, including all new paint, flooring, fixtures, vanities, showers, countertops, etc. Units have been rented within days of going vacant for the time owner has had it - low inventory for this product in this location. Located close to new car wash that was just built on North Avenue.

Property Features

MLS#: 20263460
Zip: 81501
Subdivision:
Development: Grand Junction City
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Crawl Space
Cooling: Evaporative Cooling
Days on Market: 13
Heating: Floor Furnace, Natural Gas
Home Style: Ranch, Fourplex
Lot Size:
Roof Type: Asphalt, Composition
Stories: 1.0
Taxes: $2,023
Year Built: 1976

Feature Descriptions

Accessibility: Other, See Remarks
Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Range Hood
Association Amenities: Other, Pets Allowed, See Remarks, Storage
Exterior: Brick Veneer, Wood Siding, Wood Frame
Exterior Features: Dog Run, Other, Shed, See Remarks
Flooring: Carpet, Laminate, Luxury Vinyl, Luxury VinylPlank
Interior Features: Other, See Remarks
Laundry: Washer Hookup, Dryer Hookup
Lot Description: Corner Lot, Landscaped
Lot Dimensions: 125 x 75
Parcel#: 2945-124-25-011
Pets Allowed: Yes
Sewer: Connected
Units: 4
Water: Public
Zoning: RM-8

Local Schools

High School: Grand Junction
Middle School: Bookcliff
Elementary School: Orchard Avenue

Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.

Listed By / Shown By

Listed By

Agency Name: VENTURE GROUP
Agency Phone: 970-892-2200

Shown By

Agency Title: RE/MAX 4000 Inc.
Agency Phone: 970-241-4000

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