464-32 1/8 Road
464-32 1/8 Road
$515,000
8
4
3,610
3,610
$143
Closed 1/2/24
Description
Impressive 4-plex investment opportunity! This property is a great choice for investors looking for a solid return on investment. Market rent is $1100/mo/unit! With separate gas and electric hookups for each unit the landlord expenses associated with this property are minimal (average of $265/mo), allowing for maximum profitability. The units are well-maintained, spacious, and offer a great layout for comfortable living. In addition, this property presents an ideal opportunity for simple value-add...Impressive 4-plex investment opportunity! This property is a great choice for investors looking for a solid return on investment. Market rent is $1100/mo/unit! With separate gas and electric hookups for each unit the landlord expenses associated with this property are minimal (average of $265/mo), allowing for maximum profitability. The units are well-maintained, spacious, and offer a great layout for comfortable living. In addition, this property presents an ideal opportunity for simple value-add improvements to further increase your ROI. As an added bonus, owner-occupant buyers with FHA or VA loans can take advantage of the property by living in one unit and renting out the others. This is a fantastic chance to expand your portfolio, or start investing to increase your passive income. Schedule your showing today! Call today to schedule a showing. Information deemed reliable but not guaranteed. Terms subject to change without notice. Buyer to verify all to satisfaction.
- Listed by RACHEL JUSTMAN • CENTURY 21 CAPROCK REAL ESTATEP: 970-615-0201 Rachel.justman@realestategj.com
Property Details for 464-32 1/8 Road
Subdivision Name
Moordale & Cond
Architectural StyleTwo Story, Fourplex
Location
LISTING UPDATED: 01/02/2024 03:12 PM
Property Details for 464-32 1/8 Road
Status | Closed |
---|---|
MLS # | 20231919 |
Days on Market | 235 |
Taxes | $2,032 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Quadruplex |
Year Built | 1981 |
Lot Size | - |
County | Mesa County |
Location
Building Information for 464-32 1/8 Road
Stories2Residences4Year Built1981Building Size-Lot Size-
Payment Calculator
$2,980 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 464-32 1/8 Road
Property History for 464-32 1/8 Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 464-32 1/8 Road
Taxable ValueLand$3,750Additions$19,010Total$22,760
Tax Record2023$1,692 ($141 / month)
Home Facts
Total Finished SqFt3,763 SqFtAbove Grade Finished SqFt3,763 SqFtStories2Lot Size43,560 SqFtStyleQuadraplexYear Built1981Zoning1220CountyMESAAPN2943-142-53-018
Schools near 464-32 1/8 Road
This home is within Mesa County Valley 51 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 8 |
Rating | School | Distance |
---|---|---|
Rocky Mountain Elementary School PublicPK to 5 | ||
Mount Garfield Middle School Public6 to 8 | ||
Palisade High School Public9 to 12 | ||
Independence Academy CharterPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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