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1460 Main St - Historic Home with ADU - Short/Long Term 2 Unit Apartment Building Offered at $749,000 Grand Junction, CO 81501



Investment Highlights
- Historic Main Home
- 3 Car Garage with separating wall for secure storage and alley access
- Laundry in both units
- Newer Built ADU in back
- Additional locked storage
- Outdoor living space includes covered "Cabana"
Executive Summary
Updated and cute-as-a-button historic downtown Grand Junction home with detached 3 car-garage and accessory dwelling unit(ADU) above the garage! This is truly a turn-key property - the main home was extensively updated in 2021 and offers 3bedrooms, 2 bathrooms, living room, dining room, kitchen and spacious mudroom/laundry area in approximately 1146 square feet. The ADU was built in 2021 and was well thought out as a rental or owner occupied unit. Overall it's a 3 car garage, however a wall was added to separate the 2 car space from the single car space so both units have access to secured parking and storage. An additional secured exterior accessed storage space could be dedicated to either unit. The ADU sits above the garage and offers 2 bedrooms, and 2 bathrooms, with a full kitchen, in-kitchen dining, living room, and full laundry room in approximately 901 sq ft! These 2 units have been excellent Short Term Rentals and would be a solid investment! You can rent out both units, or live in one and rent out the other! Parking is not a problem on this large downtown lot - the garage is accessed via the alley and offers an additional off-street parking space. The main home driveway can accommodate several cars off Main St., as well as on-street parking as available. Enjoy your outdoor space with the converted original single car garage - "The Cabana" offers a comfortable space to enjoy all the seasons Western Colorado offers! The ADU Unit also features a balcony. The property is being sold fully furnished and ready to rent - either short or long term, or live in it yourself!Schedule your showing of this unique investment property today!
Property Facts
| Price | $749,000 | Lot Size | 0.15 AC |
| Price Per Unit | $374,500 | Building Size | 2,046 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built/Renovated | 1905/2021 |
| Property Type | Multifamily | Parking Ratio | 2.44/1,000 SF |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Zoning | RSF - Residential downtown zoning in historic district with newer built ADU. | ||
| Price | $749,000 |
| Price Per Unit | $374,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.15 AC |
| Building Size | 2,046 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1905/2021 |
| Parking Ratio | 2.44/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RSF - Residential downtown zoning in historic district with newer built ADU. |
Amenities
Site Amenities
- 24 Hour Access
- Cabana
- Vintage Building
- Bicycle Storage
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 1 | - | 1,146 |
| 2+2 | 1 | - | 901 |
1 1
Bike Score®
Very Bikeable (88)
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1460 Main St - Historic Home with ADU - Short/Long Term
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