560 North Sparn Street

Grand Junction, CO 81501

$659,000
Price
10
Beds
4
Baths
4,024 Sq. Ft.
$164 / Sq. Ft.
4,024
Sq. Ft.
$164
per Sq. Ft.

Description

4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the...4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don’t miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.
  1. Listed by RACHEL JUSTMAN • CENTURY 21 CAPROCK REAL ESTATE
    P: (970)-615-0201 Rachel.justman@realestategj.com

Property Details for 560 North Sparn Street

Subdivision Name
Other
Architectural Style
Bi Level, Fourplex
LISTING UPDATED: 11/25/2024 04:04 PM

Property Details for 560 North Sparn Street

StatusActive
MLS #20245262
Days on MarketListed Today
Taxes$1,744 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Quadruplex
Year Built1977
Lot Size0.31 AC / 13,503 SF
CountyMesa County

Building Information for 560 North Sparn Street

Stories-Residences4Year Built1977Building Size-Lot Size0.31 AC / 13,503 SF

Property Information for 560 North Sparn Street

Summary
Location and General Information
  • Accessibility Features: None
  • Direction Faces: South
  • Directions: From 29 rd turn West on Orchard Ave. then North on Sparn Ct.
  • Elementary School: Nisley
  • High School: Central
  • Middle Or Junior School: Bookcliff
  • Elevation: 4583
  • Road Frontage Type: Cul De Sac
  • Zoning Description: Residential
Taxes and HOA Information
  • Association Amenities: None
  • Association Fee Includes: None
  • Tax Year: 2021
Property
Lot Information
  • Current Use: Multi Family
  • Lot Features: Cul De Sac, Irregular Lot, None
  • Lot Size Dimensions: 194', 33', 128', 95'
  • Lot Size Source: Assessor
  • Parcel Number: 2943-071-10-011
Property and Assessments
  • Construction Materials: Wood Siding, Wood Frame
  • Number Of Units Total: 4
Utilities
  • Cooling: Evaporative Cooling
  • Cooling: Yes
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Metal
Interior Features
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Features: None
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Levels: Two
Rental Information
Rent Information
  • Land Lease: No

Property History for 560 North Sparn Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 560 North Sparn Street

Taxable ValueLand$4,940Additions$19,160Total$24,100
Tax Record2023$1,744 ($145 / month)
Home Facts
Total Finished SqFt4,144 SqFtAbove Grade Finished SqFt4,144 SqFtStories2Lot Size43,560 SqFtStyleQuadraplexYear Built1977Zoning1220CountyMESAAPN2943-071-10-011

Schools near 560 North Sparn Street

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
Nisley Elementary School
PublicPK to 5

Bookcliff Middle School
Public6 to 8

Central 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.

Similar Homes

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560 North Sparn Street is a multi-family home for sale in Grand Junction, CO 81501. This listing's school district is Mesa County Valley 51 School District. Nearby schools include Nisley Elementary School, Bookcliff Middle School and Central High School. 560 North Sparn Street is a 10-bed, 4-bath, 4,024 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 CAPROCK REAL ESTATE, RACHEL JUSTMAN

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.