Residential Duplex in Prime Location in Downtown Fruita - Unique Investment Opportunity Rare investment opportunity in a prime location in downtown Fruita, directly across from the recently redesigned Reed Park and just blocks from Fruita's vibrant downtown core. This single-story duplex features two separate 2-bedroom, 1-bathroom rental units. Residents enjoy downtown Fruita walk-ability, with City Market grocery and the downtown bars/restaurants all within 10 minutes/0.5 miles. Both units include recent upgrades and private, fenced-in patio spaces. Unit A (Left) is occupied ($1,500/month, in a month-to-month lease). Since 2021, this unit has received a new roof, evaporative cooler, carpet, LVP, oven and hood, dishwasher, water heater, and interior paint. Unit B (Right) is vacant and move-in ready. Since 2021, this unit has received a new roof, evaporative cooler, carpet, LVP, oven and hood, and interior paint. This half-occupied duplex represents a rare house hacking opportunity for a buyer who intends to live in one unit and is ready to create their own downtown oasis. Long-Term Redevelopment Opportunity - This property falls into Fruita's most development-favorable zoning (Downtown Mixed Use - Core) presenting an opportunity to combine parcels and redevelop. Buyer to verify all information.
Listed By
Agency Name: 9TH PATH REALTY - BROKERAGE
Agency Phone: 970-248-8399
Shown By
Agency Title: B.L. Realty, Inc.
Agency Phone: 970-623-0596
Estimated Payment
$ 2,895.52 per month $2,632.19 Principal & Interest $132.08 Property Tax $131.25 Homeowner's Insurance
239 S Elm Street , Unit A and B | MLS# 20262356
This multi-family property located at 239 S Elm Street , Unit A and B, Fruita, CO 81521 is currently listed for sale with an asking price of $450,000. Search Fruita real estate on www.blrealtygj.com today.