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464 32 1/8 Road

Clifton, CO 81520
  • $550,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 20231919
UPDATED: 189 min ago
$550,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,610
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Impressive 4-plex investment opportunity! This property is a great choice for investors looking for a solid return on investment. This property generates $3,850 per month currently, and is scheduled to go up to $4400/mo as of September 1st! With separate gas and electric hookups for each unit the landlord expenses associated with this property are minimal (average of $265/mo), allowing for maximum profitability. The units are well-maintained, spacious, and offer a great layout for comfortable living. In addition, this property presents an ideal opportunity for simple value-add improvements to further increase your ROI. As an added bonus, owner-occupant buyers with FHA or VA loans can take advantage of the property by living in one unit and renting out the others. This is a fantastic chance to expand your portfolio, or start investing to increase your passive income. Schedule your showing today! Call today to schedule a showing. Information deemed reliable but not guaranteed. Terms subject to change without notice. Buyer to verify all to satisfaction.

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© 2023 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 Kimbrough Team | RE/MAX 4000. 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 Kimbrough Team | RE/MAX 4000. Data last updated 2023-06-04T00:15:19.39 UTC.

www.thekimbroughteam.com/homes/139322817
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464 32 1/8 Road Clifton, CO 81520

  • Price: $550,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 189 min ago
  • MLS #: 20231919
8
Beds
4
Baths
0
½ Baths
N/A
Acres
3,610
SQFT
$152
$/SQFT
1981
Built
Neighborhood:
Moordale & Cond
County:
Mesa
Area:
Clifton
Elementary School:
Rocky Mountain
Middle School:
Mt Garfield (Mesa County)
High School:
Palisade
Property Description
Impressive 4-plex investment opportunity! This property is a great choice for investors looking for a solid return on investment. This property generates $3,850 per month currently, and is scheduled to go up to $4400/mo as of September 1st! With separate gas and electric hookups for each unit the landlord expenses associated with this property are minimal (average of $265/mo), allowing for maximum profitability. The units are well-maintained, spacious, and offer a great layout for comfortable living. In addition, this property presents an ideal opportunity for simple value-add improvements to further increase your ROI. As an added bonus, owner-occupant buyers with FHA or VA loans can take advantage of the property by living in one unit and renting out the others. This is a fantastic chance to expand your portfolio, or start investing to increase your passive income. Schedule your showing today! Call today to schedule a showing. Information deemed reliable but not guaranteed. Terms subject to change without notice. Buyer to verify all to satisfaction.
Exterior Features

Architectural Style TwostoryFourplex Construction Materials WoodsidingWoodframe Direction Faces North Levels Two Lot Features NoneOtherSeeremarks Lot Size Dimensions 132 X 77 Patio And Porch Features CoveredDeck Road Frontage Type Citystreet Roof AsphaltComposition

Interior Features

Appliances ElectricovenElectricrangeRefrigerator Basement Crawlspace Cooling Evaporativecooling Cooling YN Yes Fireplace YN No Flooring CarpetVinyl Heating Forcedair Heating YN Yes Interior Features None

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Current Use Residential Elevation 4663 Land Lease YN No Property Sub Type Quadruplex Sewer Connected Tax Annual Amount 2032.28 Tax Year 2023 Water Source Public Zoning Description Rmf-8

Listing courtesy of Rachel Justman of Century 21 Caprock Real Estate: 970-257-0500.
© 2023 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 Kimbrough Team | RE/MAX 4000. 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 Kimbrough Team | RE/MAX 4000. Data last updated 2023-06-04T00:15:19.39 UTC.

 
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The Kimbrough Team | RE/MAX 4000
120 West Park Drive, Suite 200
Grand Junction CO, 81505