542 29 Road, Grand Junction, CO 81504
MULTI_FAMILY - Ranch - Grand Junction, CO
- Added:
- Jan 13, 2025
- Days on Market:
- 513
- Last Refresh:
- Jun 10 at 6:06 am
Property Features for 542 29 Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Basement, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
- Parking features
- RV
- Patio and Porch features
- Patio
- Interior features
- LaminateCounters, WalkInShower, WindowTreatments
- Exterior features
- SprinklerIrrigation
- Appliances
- Dryer, Dishwasher, ElectricOven, ElectricRange, Disposal, Refrigerator, RangeHood, Washer
- Standard status
- Pending
- APN
- 2943-083-00-091
- Size
- 2,726 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1926
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Laminate, Hardwood
- Building materials
- Brick, WoodFrame
- Roof type
- Asphalt, Composition
- Architectural style
- Ranch
Listing agent Carol Francil License #FA40016901 (970) 261-0640
Listing office RE/MAX 4000, INC 120 W PARK DR STE 200, GRAND JUNCTION, CO (970) 241-4000
Listing date Jan 13, 2025
Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 0.72‑acre lot with two homes, including a front house with two units
- Front house updates include new kitchen and bathroom, new windows, and new flooring
- Ranch‑style home built in 1947 with hardwood, laminate, and tile flooring
- Forced‑air natural gas heating and public water supply
- Appliances included: refrigerator, dishwasher, electric range, electric oven, disposal, range hood, washer, and dryer
- RV parking, plus patio and sprinkler irrigation
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.9k | $15.36 |
| − Vacancy | −$3.1k | −$1.15 |
| EGI | $38.7k | $14.21 |
| − OpEx | −$11.6k | −$4.26 |
| NOI | $27.1k | $9.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.514511
- Latitude
- 39.083274
