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Sold on 09/25/2023
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700 W Ruby Ave, Gunnison, CO 81230

  • $650,000

    Last sold 09/25/2023 after 109 Days

  • —

    bed

  • 5

    bath

  • 3,263

    Sqft ($199/Sqft)

Multi-family not for sale
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About 700 W Ruby Ave

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 0.28 Acre
Parking 1 garage spaces
Property description
Proven Rental Income in Gunnison Colorado. This single family home with attached one bedroom apartment and a separate duplex accessory unit, for a total of four units. Three are one bedroom/one bath and the other is three bedroom/two bath. The advantage to this property is the flexibility to configure the amount of rental units. The new buyer could change the house back into a single family home while still generating a nice income from the duplex accessory unit. Other nice features of the property are a nice large yard with mature trees, large detached garage, work shop, storage shed and plenty of room to park. Located in a great part of Gunnison, near the schools, library and with riding distance of Western Colorado University, Gunnison Valley Health and downtown. This property is perfect for someone looking for a monthly income with potential to grow. This property as it is currently rented generates $4200.00 in monthly income as it is currently rented.
Listed by
Listing Agent - Fred Sandusky
Listing Agent Contact: 970-349-5007
Listing Office - Coldwell Banker Mountain Properties
Source: Colorado Real Estate Network (CREN) mls logo
MLS#804409 • last updated 2 years ago
Movoto checked Colorado Real Estate Network (CREN) for data 8 minutes ago
Overview
Heating Baseboard, Electric, Forced Air
Levels/Style One, Two, Fourplex, 1
MLS # 804409
Status Closed
SubType Quadruplex
SqFt 3263
Lot Size (Acres) 0.28
Property Tax 2189
Buying Office TAVA Real Estate
Year Built 1976
Interior
# of Three-Quarter Baths 2
Total # of Bathrooms 5
# of Full Baths 3
Flooring Carpet, Wood
Appliances Dryer, Oven, Range, Washer
Exterior
Roof Metal
Construction Wood Siding
Parking Detached, Garage, Parking Space(s)
# of Parking Spaces 4
Exterior Features Fence, Shed
Lot Features Corner Lot
Fencing Privacy
Amenities / Utilities
Water Source Public
Location
Subdivision None
Area Gunnison City
Elementary School Gunnison 1-5
Middle School Gunnison 6-8
High School Gunnison High 9-12
APN 370135405007
Zoning Residential Multi Family
Multifamily Details
Total # of Units 4
Gross Scheduled Income 50400
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Sep 2023
    Public Records
  • Sep 26, 2023 Sold
    $650,000 (+54.0%)
  • Jun 2018
    Public Records
  • Jun 8, 2018 Sold
    $422,000 (+1.0%)
  • Oct 2008
    Public Records
  • Oct 30, 2008 Sold
    $418,000 (+255.7%)
  • Jul 2005
    Public Records
  • Jul 28, 2005 Sold
    $117,500
  • 700 W Ruby Ave
    $650K
  • Gunnison City
    —
  • 81230
    $725K -9% y/y
  • Gunnison
    $732K -8% y/y
No chart available
Statistics calculated by Movoto

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7/10
Gunnison Elementary School
public Grades PK, K-5
Gunnison Watershed Re1j School District
N/A
Marble Charter School
charter Grades K-10
Gunnison Watershed Re1j School District
5/10
Gunnison Middle School
public Grades 6-8
Gunnison Watershed Re1j School District
4/10
Gunnison High School
public Grades 9-12
Gunnison Watershed Re1j School District
Source: GreatSchools.org © 2026. All rights reserved.

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