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858 Garnet 201 Rich and 858 Garnet, Delta, CO 81416

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For Sale

$377,000

1,968 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $191.57
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Scott Elkins, Telluride Realty, LLC, C: 970-708-0494, scotte@telluridebrokers.com, www.crenmls.com: INVESTORS ** FULLY OCCUPIED DUPLEX (2 SIDES/ ONE UNIT)Beautiful lofted duplex with a private park + lawn and elevated private deck, corner property.High Ceilings and decks.Each side of duplex is a 2 bed /1.5bath +carport.(House hack the other side or Mother-in-law rental or straight Investment??Both tenants would like to stay (perfect for investor), but one side could be freed up for purchase by an owner occupant, if desired.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 $33,600.Net income over $28,500 for a nice 7.6% CAP rate before mngt costsThe 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.***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.
MLS# 826901

Courtesy Of Telluride Realty

(970) 708-0494

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.2 Acres

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Directions to 858 Garnet 201 Rich and 858 Garnet, Delta, CO 81416

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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