NOT LISTED FOR SALE

540 29 Rd Grand Junction, CO 81504

Northeast Grand Junction Neighborhood
15 Beds
8 Baths
5,880 Sq Ft
0.45 Acres

Last Sold March 29, 2024

Last sale price $948,500 $161 Per Sq Ft

Highlights

  • 0.45 Acre Lot
  • Landscaped
  • Baseboard Heating
  • Corner Lot
  • Luxury Vinyl Plank Tile Flooring
  • Evaporated cooling system

About This Home

As of March 2024

Investment opportunity! Beautiful brick eight unit building convenient to services! Six of the units are leased on annually renewing leases and two of the units have been used by the owners for air b n b purposes. Reach out to schedule your showing for this income producing property today! Gross cap rate over 10%. Seven units are 2 beds, 1 bath. One unit is 1 bed, 1 bath.

Last Agent to Sell the Property

Rebekah Mendrop

RE/MAX 4000, INC License #FA100079690 Listed on: 01/31/2024

Last Buyer's Agent

Rachel Justman

CENTURY 21 CAPROCK REAL ESTATE License #FA100031318

CENTURY 21 CAPROCK REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 1979

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 141x140
  • Landscaped
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Septic Design Installed

Listing and Financial Details

  • Assessor Parcel Number 2943-083-01-019

Community Details

Overview

  • 8 Units
  • 5,880 Sq Ft Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,697

Year Built

Built in 1979

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 4650
  • Fronts: W
  • Gas Company: Xcel
  • Heating Type: Baseboard
  • How Built: Site Built
  • Lot Dimensions: 141x140
  • Lvt Date: 01/31/2024
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Common/Shared, Paved
  • Style: 2 Story
  • Taxes: 3696.54
  • Tax Year: 2023
  • Total Acres: 0.45
  • Water: City Water
  • Zoning: RES
  • Total Building Sq Ft: 5880
  • Design: One Building, Upper & Lower
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 15
  • Appliances: Dishwasher-All, Electric Range/Oven-All, Refrigerator-All
  • Floor: Carpet, Laminate, Luxury Vinyl Planking
  • Interior Amenities: 5931
  • Bathrooms: 8
  • Price Per Sq Ft: 161.31
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Landscape All
  • Exterior Siding: Wood, Brick
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: Ute
  • Laundry: Laundry Available On Site, Shared Laundry On Site

Schools

  • Elementary School: Nisley
  • Middle School: Bookcliff
  • High School: Central

Lot Info

  • Lot Description: 100' - 150' Frontage, Corner
  • Lot Size: B: 0.25-0.49
  • Parcel Number: 2943-083-01-019

Multi Family

  • Total Number Units: 8

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $948,500 0.0% $161 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $948,500 -- $161 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rebekah Mendrop

    Seller's Agent in 2024

    Rebekah Mendrop

    RE/MAX

    (970) 210-8747

    8 in this area

    202 Total Sales

    Rebekah Mendrop
    Section Image
  • Rachel Justman

    Buyer's Agent in 2024

    Rachel Justman

    CENTURY 21 CAPROCK REAL ESTATE

    (970) 615-0201

    8 in this area

    95 Total Sales

    Rachel Justman
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20240357

Grand Junction Area REALTOR® Association

APN: 2943-083-01-019

Colorado Mesa County Grand Junction 81504 Northeast Grand Junction

540 29 Rd, Grand Junction, CO

This home is located at 540 29 Rd, Grand Junction, CO 81504 since 31 January 2024. This property was built in 1979. 540 29 Rd is a home located in Mesa County with nearby schools including Nisley Elementary School, Bookcliff Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Junction Area REALTOR® Association IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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