560 N Sparn Court Grand Junction, CO 81501
Listing Courtesy of: GRAND JUNCTION / Century 21 Caprock Real Estate / Rachel Justman

  560 N Sparn Court Grand Junction, CO 81501

Active (29 Days)
$659,000
10
BED
4
BATH
4,024
SQFT

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.

MLS #:
20245262
Taxes
$1,744(2021)
Lot Size
0.31 acres
Type
Multifamily
Year Built
1977
Style
Fourplex, Bi-Level
County
Mesa County

Listed By

Rachel Justman, Century 21 Caprock Real Estate
Source
GRAND JUNCTION
Last checked Dec 24 2024 at 3:28 PM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Electric Range
  • Electric Oven
  • Dishwasher
  • Laundry: Dryer Hookup
  • Laundry: Washer Hookup
Lot Information
  • Irregular Lot
  • Cul-De-Sac
Property Features
  • Foundation: Slab
Heating and Cooling
  • Hot Water
  • Evaporative Cooling
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Connected
School Information
  • Elementary School: Nisley
  • Middle School: Bookcliff
  • High School: Central
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Mortgage calculator estimates are provided by C21 CapRock Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Grand Junction Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 12/24/24 07:28