1206 W Tomichi Avenue, Gunnison, CO 81230
1206 W Tomichi Avenue, Gunnison, CO 81230
1206 W Tomichi Avenue, Gunnison, CO 81230
1206 W Tomichi Avenue, Gunnison, CO 81230
1206 W Tomichi Avenue, Gunnison, CO 81230
1206 W Tomichi Avenue, Gunnison, CO 81230
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Dawn Larimore

Dawn Larimore

+1(970) 739-8314
$ 2,500,000
Est. payment | /mo

11 Baths

4,681 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

11 Baths

4,681 SqFt

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

Colorado Real Estate Network (CREN) + Sold
Listed by Bluebird Real Estate, LLC

Nearby Locations

Dawn Larimore

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 739-8314

dawn@maxwellrealestateco.com

19 S Broadway, Cortez, CO 81321-3401, USA

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1206 W Tomichi Avenue