626 N 7th Street , Grand Junction, CO 81501

$850,000
  • 626 N 7th Street , Grand Junction, CO 81501 Main Photo

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New to the Market Active
BEDS7 BATHS SQUARE FEET4,261 MLS#20263486
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Prime investment opportunity in the historic 7th Street district of Downtown Grand Junction. This multi-unit property includes six apartments, two of which are dorm-style with a shared bath, offering flexible rental configurations and strong demand from value-driven tenants. The building boasts a long, consistent rental history with all units currently rented month to month. Key mechanical updates, including a newer furnace, updated hot water, and a new septic line. With plentiful parking?a rarity downtown?this property is positioned for continued cash flow and long-term appreciation. A solid addition to any investor's portfolio. REQUIRED at least a 48-hour notice for showings. NO SHOWINGS WILL BE APPROVED UNTIL AUGUST 1ST.

626 N 7th Street | MLS# 20263486

This multi-family property located at 626 N 7th Street , Grand Junction, CO 81501 is currently listed for sale with an asking price of $850,000. Search Grand Junction real estate on www.blrealtygj.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Full, Concrete
Cooling: None
Heating: Baseboard, Forced Air
Home Style: Two Story
Lot Size: 0.24 Acres
Roof Type: Asphalt, Composition
Stories: 2.0
Taxes: $3,316
Year Built: 1900

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Electric Oven, Electric Range, Refrigerator
Days on Site: 2
Exterior: Wood Siding, Wood Frame
Flooring: Carpet, Vinyl
Lot: Xeriscape
Lot Dimensions: 140x75
Parcel#: 2945-141-26-002
Parking: Guest, Shared Driveway
Parking Notes: Guest, Shared Driveway
Patio/Porch: Deck, Open
Sewer: Connected
Units: 6
Water: Public
Zoning: PD

Local Schools

High School: Grand Junction
Middle School: West
Elementary School: Chipeta

Listed By / Shown By

Listed By

Agency Name: CENTURY 21 ELEVATED REAL ESTATE
Agency Phone: 970-718-9009

Shown By

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

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Estimated Payment

$ 5,496.17 per month $4,971.92 Principal & Interest $276.33 Property Tax $247.92 Homeowner's Insurance

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