239 S Elm Street, Unit 0
Property Description
Residential Duplex in Prime Location in Downtown Fruita - Unique Investment Opportunity Rare investment opportunity in a prime location in downtown Fruita, directly across from the recently redesigned Reed Park and just blocks from Fruita's vibrant downtown core. This single-story duplex features two separate 2-bedroom, 1-bathroom rental units. Residents enjoy downtown Fruita walk-ability, with City Market grocery and the downtown bars/restaurants all within 10 minutes/0.5 miles. Both units include recent upgrades and private, fenced-in patio spaces. Unit A (Left) is occupied ($1,500/month, in a month-to-month lease). Since 2021, this unit has received a new roof, evaporative cooler, carpet, LVP, oven and hood, dishwasher, water heater, and interior paint. Unit B (Right) is vacant and move-in ready. Since 2021, this unit has received a new roof, evaporative cooler, carpet, LVP, oven and hood, and interior paint. This half-occupied duplex represents a rare "house hacking" opportunity for a buyer who intends to live in one unit and is ready to create their own downtown oasis. Long-Term Redevelopment Opportunity - This property falls into Fruita's most development-favorable zoning (Downtown Mixed Use - Core) presenting an opportunity to combine parcels and redevelop. Buyer to verify all information.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $445,000 |
| No. of Units: | 2 |
| Year Built: | 1986 |
| Lot Size: | 1,745.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $222,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-GJARACO-20262356
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