Delta, CO 81416,201 Rich Street #1) 201 Rich/858 Garnet + 852 /850  Garnet
Delta, CO 81416,201 Rich Street #1) 201 Rich/858 Garnet + 852 /850  Garnet
Delta, CO 81416,201 Rich Street #1) 201 Rich/858 Garnet + 852 /850  Garnet
$749,000
Est. payment /mo
$749,000
Est.Price: ?

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4 Beds
4 Baths
3,936 SqFt
SOLD DATE : 10/06/2025

Key Details

Sold Price $749,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,936 sqft

Price per Sqft $190

Subdivision Garnet Mesa

MLS Listing ID 827041

Sold Date 10/06/25

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1977

Annual Tax Amount $1,200

Tax Year 2024

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Fourplex

Property Description

2 FULLY OCCUPIED DUPLEXS 4 rentals, 2 buildings 2 rented buildings for 4 total renta. Elevated duplexes w/ a private park + lawn and elevated private deck. High Ceilings and views with mature trees and a park like setting. Always in demand and rented, rare to be vacant. Each side of duplex is a 2 bed /1.5bath + carport. (House hack one side or Mother-in-law rental or straight Investment??) Alll tenants would like to stay (perfect for investor), but one side could be freed up for purchase by an owner occupant, if desired once contracted with 45+ days perhaps. Many of the Tenants have been there for years . Each side has a private small deck and access to the park for residents only of the 5 buildings. (The duplex owner would own 1/5 of the quiet park also) Irrigation water for the park is included for crops or lush lawns. Remodeled in 2023 with 100% new paint, some new windows, new flooring on both sides . Quiet area, great for kids. Plenty of parking and Privacy. Room to expand on the lot for storage units or more garages or more carports. A buyer could easily enclose the Carport or build a rooftop deck above the carport. The living room is up half stairs(elevated) and the bedrooms are garden level. 2025 Scheduled income / Gross income is $67,100. A nice 7.5%+ CAP rate before mngt fees. The tenants have their own electric meter and pay it, The owner pays the sewer/water/trash/irrigation and gas Each carport has a lockable storage unit. Additional storage is or can be built in under dining room outside, on each side . Tenant is responsible for each of their rear yards, but not the park. Park **** PLEASE DO NOT DISTURB TENANTS, fully rented with great tenants. we need 24 hrs + for showings **** if a buyer would want to live in one side, they would have to wait 30-65+ days+ for tenant to move out.( notice 31 days for tenant minimum) ***note some of the pics are older, when it was vacant and before tenant moved in, some pics are also of complex, there are 5 duplexes in this community. The park is co-owned 1/5 per duplex. so this owner of the 2 buildings would own 40% of the Park.

Location

State CO

County Delta

Interior

Furnishings Unfurnished

Building

New Construction No

Schools

Elementary Schools Garnet Mesa K-5

Middle Schools Open Enrollment

High Schools Delta 9-12

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Colorado Real Estate Network (CREN) + Sold
Listed by Telluride Realty, LLC
The Blackmore Group
The Blackmore Group

Company | ER ER100069917

+1(970) 444-2431 | ashley@ashleyblackmorehomes.com

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