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203 S Reed Street

Gunnison, CO 81230
  • $950,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 798005
UPDATED: 78 min ago
$950,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,522
    SQFT
  • $270
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Coldwell Banker Mountain Properties: 970-349-5007.


Description

This incredible property has 5 separate rental spaces which consists of the following: 3 bed/2 bath house with the tenant in the house paying electric and gas. The master bedroom has a full en-suite bathroom. This unit has a nice sized living area with fireplace and large kitchen with its own washer and dryer. New Marvin windows have been purchased for this home portion of the property and will be installed prior to closing. Units 1 and 2 are 1 bed/3/4 bath each. Unit 3 is 1 bed/1 bath. The tenants in Units 1, 2 and 3 pay for their electric. Unit 4 is a studio unit with 3/4 bath and seller pays electric. Seller pays sewer, water and trash. See Documents for utility history. There is a nice sized fenced yard and the residence has beautiful mature trees. The common parking area is located at the front of the building and there is some parking in the alley at the rear. The units have maintained 100% occupancy. The current yearly gross rental income is $52,200.00. This property has been consistently and meticulously maintained and seller has provided over $80,000.00 in improvements since 2016 and includes a new utility/mechanical room. This property represents a fantastic investment opportunity or is perfect for anyone looking to occupy and rent the other units. The property is right on the boundary of commercial and residential zoning and may allow an additional commercial or residential building to be constructed. Buyer should contact the City of Gunnison to determine such ability. There is an RV on the property that will be removed prior to closing.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-12-01T23:56:26.57.
www.dalynntrujillo.com/homes/132862091
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203 S Reed Street Gunnison, CO 81230

  • Price: $950,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 78 min ago
  • MLS #: 798005
0
Beds
6
Baths
0
½ Baths
0.56
Acres
3,522
SQFT
$270
$/SQFT
1959
Built
Neighborhood:
None
County:
Gunnison
Area:
Gunnison City
Elementary School:
Gunnison 1-5
Middle School:
Gunnison 6-8
High School:
Gunnison High 9-12
Property Description
This incredible property has 5 separate rental spaces which consists of the following: 3 bed/2 bath house with the tenant in the house paying electric and gas. The master bedroom has a full en-suite bathroom. This unit has a nice sized living area with fireplace and large kitchen with its own washer and dryer. New Marvin windows have been purchased for this home portion of the property and will be installed prior to closing. Units 1 and 2 are 1 bed/3/4 bath each. Unit 3 is 1 bed/1 bath. The tenants in Units 1, 2 and 3 pay for their electric. Unit 4 is a studio unit with 3/4 bath and seller pays electric. Seller pays sewer, water and trash. See Documents for utility history. There is a nice sized fenced yard and the residence has beautiful mature trees. The common parking area is located at the front of the building and there is some parking in the alley at the rear. The units have maintained 100% occupancy. The current yearly gross rental income is $52,200.00. This property has been consistently and meticulously maintained and seller has provided over $80,000.00 in improvements since 2016 and includes a new utility/mechanical room. This property represents a fantastic investment opportunity or is perfect for anyone looking to occupy and rent the other units. The property is right on the boundary of commercial and residential zoning and may allow an additional commercial or residential building to be constructed. Buyer should contact the City of Gunnison to determine such ability. There is an RV on the property that will be removed prior to closing.
Exterior Features

Carport No Garage No Parking CommonOff Street Property Attached No Roof Metal Siding Wood Stories One Story Street Description City/Town Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDryerRange/OvenRefrigeratorWasher Flooring CarpetVinyl Heating Fuel Source BoilerNatural Gas One Quarter Baths 0 Total Office Dens 0

Property Features

Covenants No Green Certification No Hoa No Horse Setup No Multi Story No New Construction YN No Reo Lender Owned No Tax Year 2021 Terms 1031 ExchangeCashConventional Total Taxes 2498 Type Fiveplex Water Rights No Water Sewer City SewerCity Water Year Remodeled 1971 Zoning OtherResidential Multi Family

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-12-01T23:56:26.57.
 
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Dalynn Trujillo | Bluebird Real Estate
211 Elk Avenue
Crested Butte CO, 81224
Listing courtesy of Coldwell Banker Mountain Properties: 970-349-5007.