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1206 Main Street, Grand Junction, CO 81501

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For Sale

$574,900

4 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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!
MLS# 20241028

Courtesy Of EXP REALTY, LLC

(888) 440-2724

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Dishwasher, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Stucco, Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Laminate, Tile, Wood
  • Heating System
    Baseboard, Forced Air, Hot Water
  • Lot Size
    0.14 Acres
  • Roof Type
    Asphalt
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room

Map and Directions

Directions to 1206 Main Street, Grand Junction, CO 81501

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
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Copyright © 2024 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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