2698 Milo Drive, Grand Junction, CO 81503

$779,000
  • 2698 Milo Drive, Grand Junction, CO 81503 Main Photo

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New to the Market Active
BEDS8 BATHS SQUARE FEET4,080 MLS#20261339
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCharla

Property Description

Turnkey investment opportunity! This fully rented fourplex has been completely remodeled and is dialed in for immediate cash flow. Each unit has been fully renovated, minimizing maintenance and maximizing tenant appeal. The property features an on-site laundry area for added convenience. A detached shed provides extra storage, while the RV parking area offers flexibility for owner use or the possibility of creating an additional rental stream. With a strong cap rate of 6.73,this property is an excellent addition to any investor's portfolio. Whether you're looking to expand your holdings or secure a stable, income-producing asset, this well-maintained fourplex is ready to perform from day one.

2698 Milo Drive | MLS# 20261339

This multi-family property located at 2698 Milo Drive, Grand Junction, CO 81503 is currently listed for sale with an asking price of $779,000. Search Grand Junction real estate on www.blrealtygj.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Evaporative Cooling
Heating: Baseboard, Hot Water, Natural Gas
Home Style: Two Story, Fourplex
Lot Size: 0.28 Acres
Roof Type: Asphalt, Composition
Stories: 2.0
Taxes: $2,405
Year Built: 1977

Amenities

Laminate Counters
Window Treatments
Shed

Feature Descriptions

Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
Days on Site: 5
Exterior: Wood Siding, Wood Frame
Flooring: Carpet, Luxury Vinyl, Luxury VinylPlank, Tile
Lot: Corner Lot, Xeriscape
Lot Dimensions: 113x129x40x42x70x90
Parcel#: 2945-261-25-002
Parking: RV Access/Parking
Parking Notes: RV Access/Parking
Sewer: Connected
Units: 4
Water: Public
Window: Low-Emissivity Windows, Window Coverings
Zoning: RMF

Local Schools

High School: Grand Junction
Middle School: Orchard Mesa
Elementary School: Dos Rios

Listed By / Shown By

Listed By

Agency Name: RE/MAX 4000, INC
Agency Phone: 970-241-4000

Shown By

Agency Title: B.L. Realty, Inc.
Agency Phone: 970-623-0596

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Estimated Payment

$ 4,984.24 per month $4,556.62 Principal & Interest $200.42 Property Tax $227.21 Homeowner's Insurance

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