$574,900
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1206 Main Street Grand Junction, CO 81501
Single Family
Residence
4
Beds
4
Baths
2,428
Sq. Ft.
0.14
Acre
Lot
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Tons of possibilities with this exceptional property in the heart of Grand Junction's historical district! Priced $10k below assessed value, this charming 4-bedroom home, complete with a basement studio apartment and a second ADU home, presents multiple opportunities. Live in the main 4-bedroom home... and reduce your payment by renting out the basement and/or the second home. This property is also ideal for those needing multiple living area arrangements, an owner-occupied investment opportunity, or rent out all three units for a lucrative investment. Have your own business? This property is zoned for residential and commercial use. Live in the main house and open up shop in the second unit. The main house exudes charm with its enclosed porch, white picket fence, and original features like a brick fireplace and built-ins. Recent upgrades include a modernized kitchen, updated flooring, renovated bathrooms, and enhanced electrical service. The main floor hosts the living, kitchen, dining areas, and a bathroom, while the upstairs offers four bedrooms and a full bath. The fully finished basement studio, with its own entrance, bathroom, and kitchenette, is ideal for rental or personal use. Additionally, the detached 2-bedroom, 1-bath ADU home across the drive features a kitchen and screened porch. Each unit currently has tenants on month-to-month or nearing-term leases, providing immediate move in or rental income potential. This property is conveniently located near Colorado Mesa University, Lincoln Park Sports Complex and Pool, Stocker Stadium, and Main Street's vibrant shops, eateries, farmer's market, and entertainment. Don't miss this fantastic opportunity to minimize your monthly payment or maximize your rental income with a property that offers versatility and charm. Act now to secure this desirable property!
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MLS#
20241028
Property Type
Single Family
Bedrooms
4
Bathrooms
Year Built
1920
Square Feet
2,428
sq. ft
Lot Size
0.14
Stories
2.0
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