This is a great investment opportunity in the heart of Delta. It is within walking distance to restaurants, a grocery store and all the downtown businesses. There are four units that have a history of consistent income (7 straight years with no vacancy), each are leased well into 2024. The first unit 407 Palmer is landscaped with mature rose bushes and is 947+- Square foot with 1 bedroom 1 bathroom and a wood fireplace. The address of 206 W 4th street contains 2 units, #115 and #200 with a landscape entry. Unit 115 is 957+- sf with one bedroom and 1 bathroom. Unit #200 is 547+- sf and has 1 bedroom and 1 bathroom and is separated from the triplex. There is also a 624 +- sf 2 car garage that is currently being used for storage. Each unit has its own electric and gas meter. The 870+-sf patio area out back is a shared space among all 4 units. In 2022 the roof and evaporative cooler were replaced. Just south of the garage there is a garden area for the tenants to utilize. Make an appointment to see how good of an investment this really is.
MLS# | 808632 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1950 |
Days On Site | 338 |
Listing Provided By | RE/MAX Today | Alisa Green |
Bed(s) | 4 |
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Bath(s) | 4 Total |
SQ Feet | 2,950 |
Garage | 2 |
Zoning | Residential Single Family,Commer |
Acreage | 0.20 |
State | CO |
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County | Delta |
City | Delta |
Zip Code | 81416 |
Area | Delta |
Community Name | Delta Original |
School District | Open Enrollment |
Elementary School | Open Enrollment |
Middle School | Open Enrollment |
High School | Open Enrollment |
Listing VS Median (in Delta Original) | |
Price: $399,000 low | high Med: $417,000 SqFt: 2,950 low | high Med: 2,789 $ / SqFt: $135 low | high Med: $150 On Site: 338 low | high Med: 176.500000 |