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560 N Sparn Court

Grand Junction, CO 81501
  • $659,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 20245262
UPDATED: 36 min ago
$659,000
  • 10
    BEDS
  • 0.31
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,024
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:

Description

4-Plex Opportunity on a Quiet Cul-de-Sac High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don't miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.

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© 2024 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 2024-12-14T13:15:36.42 UTC.

www.thekimbroughteam.com/homes/158275351
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560 N Sparn Court Grand Junction, CO 81501

  • Price: $659,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 36 min ago
  • MLS #: 20245262
10
Beds
4
Baths
0
½ Baths
0.31
Acres
4,024
SQFT
$164
$/SQFT
1977
Built
Neighborhood:
Other
County:
Mesa
Area:
Grand Junction City
Elementary School:
Nisley
Middle School:
Bookcliff
High School:
Central
Property Description
4-Plex Opportunity on a Quiet Cul-de-Sac High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don't miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.
Exterior Features

Architectural Style Bi- Level Fourplex Construction Materials Wood Siding Wood Frame Direction Faces South Exterior Features None Levels Two Lot Features Cul- De- Sac Irregular Lot None Lot Size Dimensions 194'33'128'95' Patio And Porch Features None Road Frontage Type Cul- De- Sac Roof Metal

Interior Features

Appliances Dishwasher Electric Oven Electric Range Refrigerator Cooling Evaporative Cooling Cooling YN Yes Fireplace YN No Flooring Carpet Vinyl Foundation Details Slab Heating Hot Water Heating YN Yes Interior Features None Laundry Features Washer Hookup Dryer Hookup

Property Features

Accessibility Features None Association Amenities None Association Fee Includes None Current Use Multi- Family Elevation 4583 Land Lease YN No Property Sub Type Quadruplex Sewer Connected Tax Annual Amount 1743.56 Tax Year 2021 Water Source Public Zoning Description Residential

Listing courtesy of Rachel Justman of CENTURY 21 CAPROCK REAL ESTATE: 970-257-0500.
© 2024 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 2024-12-14T13:15:36.42 UTC.

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