29
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$2,500,000
Est. payment /mo
11 Baths
4,681 SqFt
New
1206 W Tomichi Avenue Gunnison, CO 81230
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Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,681 sqft
Price per Sqft $534
MLS Listing ID 840309
Style Adobe,Cabin
Full Baths 6
Three Quarter Bath 5
Year Built 1943
Tax Year 2025
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Other
Property Description
Excellent investment opportunity in a prime corner-lot location at the intersection of West Tomichi Avenue and North 7th Street! This income-producing property features 11 rental units and a consistently low vacancy rate, offering an established rental portfolio with strong income potential. The property consists of two freestanding one-bedroom, one-bathroom cabins and a main building containing nine additional units, including one two-bedroom/one-bathroom unit, five one-bedroom/one-bathroom units, and three studio apartments. The property has benefited from important infrastructure updates, including improvements to the sewer line, electrical lines, and water lines. The owner currently pays water and sewer expenses. With its desirable location, diverse unit mix, and history of low vacancy, this property presents an excellent opportunity for investors seeking an established multi-unit income property.
Location
State CO
County Gunnison
Zoning Residential
Rooms
Basement Wood, Crawl Space
Interior
Flooring Carpet, Laminate, Vinyl
Inclusions Range/Oven, Refrigerator
Furnishings Unfurnished
Exterior
Roof Type Metal
Building
Story One Story
Foundation Wood, Crawl Space
Sewer City Water
Water City Water
New Construction No
Schools
Elementary Schools Gunnison 1-5
Middle Schools Gunnison 6-8
High Schools Gunnison High 9-12
Listed by Bluebird Real Estate, LLC
NEARBY SCHOOL & BUSINESS
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