216 S 14th Street

Description

Don’t Miss This Exceptional Multifamily Investment Opportunity at 216 S. 14th Street in Gunnison! This is a rare opportunity to own one of Gunnison’s newer multifamily projects with immediate income potential and significant room for future development. The existing duplex features two spacious 3-bedroom, 3.5-bath units, each offering approximately 1,560 square feet of living space, a 160-square-foot private outdoor deck, and an impressive 460-square-foot two-car garage. Designed with comfort and efficiency in mind, each unit features radiant in-floor heat throughout, on-demand hot water, and durable laminate flooring. The spacious floor plans provide plenty of room for full-time residents, workforce housing, or long-term investment use. What truly sets this property apart is the additional development potential. The vacant land provides the opportunity to continue the project with two additional duplex buildings, potentially bringing the property to a total of six units. Infrastructure is already well underway, with the electric transformer and underground electrical sleeves in place. Sewer service has been tapped to the lot, and water taps for the additional units have already been paid for but are not yet installed. Whether you are looking for a turnkey multifamily investment, an opportunity to expand your rental portfolio, or a chance to complete a larger residential development in Gunnison, 216 S. 14th Street offers a combination of existing quality construction and future upside that is hard to find. Don’t miss this opportunity to own and expand one of Gunnison’s newer multifamily projects!