581 W Indian Creek Drive, Grand Junction, CO 81501
581 W Indian Creek Drive, Grand Junction, CO 81501
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$ 409,000
Est. payment | /mo

3 Beds

2 Baths

1,430 SqFt


Save
$ 409,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,430 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,430 sqft

Price per Sqft $286

Subdivision Peppertree

MLS Listing ID 20262346

Style Ranch

Bedrooms 3

HOA Fees $155/mo

HOA Y/N true

Year Built 2021

Lot Dimensions 117' x 28'

Property Sub-Type Townhouse

Property Description

Great single-tenant investment opportunity offering a 6.6% cap rate. Built in 2021, this well-maintained 3-bedroom, 3-bath townhome features a 2-car garage and modern finishes throughout. Tenant currently in place on a 1-year lease at $2,400 per month with lease expiration of 1/31/2027, providing immediate and stable rental income for investors. Units 2, 4, 5, and 6 can be purchased together for $1,636,000.

Location

State CO

County Mesa

Area Grand Junction City

Direction East on Patterson Road, South on West Indian Creek Drive. Townhomes located on right side

Interior

Interior Features Ceiling Fan(s), Granite Counters, Kitchen/Dining Combo, Main Level Primary, Pantry, Walk-In Closet(s), Walk-In Shower

Heating Forced Air

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Luxury VinylPlank, Tile

Fireplaces Type None

Fireplace false

Appliance Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Range Hood

Laundry Laundry Room

Exterior

Exterior Feature None

Parking Features Attached, Garage

Garage Spaces 2.0

Fence None

Roof Type Asphalt,Composition

Present Use Residential,Single Family

Street Surface Paved

Handicap Access None, Low Threshold Shower

Porch Open, Patio

Garage true

Building

Lot Description None

Faces East

Story 1

Foundation Slab

Sewer Connected

Water Public

Structure Type Stone,Stucco,Wood Frame

Schools

Elementary Schools Nisley

Middle Schools Bookcliff

High Schools Central

Others

HOA Fee Include Common Area Maintenance,Sprinkler

Tax ID 2943-071-81-011

Listed by VENTURE GROUP

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Juli Jacobson
Juli Jacobson

Broker Associate | License ID: FA100047004

+1(970) 210-9796

2470 Patterson Road, Unit 5, Junction, CO, 81505

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581 W Indian Creek Drive