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1020 16th

Delta, CO 81416
  • $486,900
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: 6448756
UPDATED: 42 min ago
$486,900
  • 7
    BEDS
  • 4.78
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,275
    SQFT
  • $149
    $/SQFT
Neighborhood:
Na
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Telluride Realty Llc.

Description

STABLE - INCOME PRODUCING 3 UNITS on 4.7+ acres w/ 6.6%CAP rate. (3k per month, in total , currently under rented) A Single family home w/ two additional mobiles on the property + Irrigation water also! FULLY OCCUPIED - DO NOT DISTURB TENANTS! Live in one, rent out the others?(live rent free)! Very stable w/ long-term tenants of 1 + years ,that want to stay. . Views to Grand Mesa, inside the city limits! near the High School. ****4.8 shares of irrigation deeded water UVWUA**** The Main stick built adobe home (1020 16th st ) is 1, 392 feet (3/2) 2 stories - All new flooring, paint, a new $4000 furnace, and new hot water heater! Lots of upgrades! The 1st rental/mobile (1010 16th st) 804 SF 2/1.New Flooring, Paint, Roof re-coated The 2nd rental /mobile (1030 16th st ) 1, 078 feet 2/2 . New Flooring, Paint, Roof re-coated Both mobiles' roof's have had full waterproofing and paint work in 2020. All 3 units have W/D hookups and exterior storage sheds Delta, CO, Western slope of Colorado. 20 min to Montrose or 40 to Grand Junction. Great income potential - Hold as pure investment or live in one, rent out the other two. Remodeled 2020. 3 sewer and 3 water taps - All tenants pay their own electric, gas, water, sewer, trash. 3 separate addresses per assessor, room to farm or subdivide in the future for more lots. Develop? Plenty of room. 3-4 out buildings/sheds. Other Upgrades/Notes from 2020 remodel: 2 out of 3NEW hot water heaters, new stone and wood interior upgrades. 2 granite counters. New vanity's! Homes are old but have a vibrant modern feel. Huge lawn on the East and acres to work on in the back with irrigation ditches/canals/pipes. Irrigation water ditch cuts thru the property! In town convenience w/ out of town space + views! Some new fencing. Showers in all bathrooms. Both mobiles have tubs, No Tub in stick built home. Current market gross rent likely closer to 38K/yr. Built in value w/ future development potential/farm/water rights. Proj. Cap Over 7%!!

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Compass are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.degroodteam.com/homes/131128277
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1020 16th Delta, CO 81416

  • Price: $486,900
  • Status: Active
  • On Site: 28 Days
  • Updated: 42 min ago
  • ID#: 6448756
7
Beds
5
Baths
0
½ Baths
4.78
Acres
3,275
SQFT
$149
$/SQFT
1970
Built
Neighborhood:
Na
County:
Delta
Area:
Delta
Elementary School:
Garnet Mesa
Middle School:
Delta
High School:
Delta
School District:
Delta County 50J
Property Description
STABLE - INCOME PRODUCING 3 UNITS on 4.7+ acres w/ 6.6%CAP rate. (3k per month, in total , currently under rented) A Single family home w/ two additional mobiles on the property + Irrigation water also! FULLY OCCUPIED - DO NOT DISTURB TENANTS! Live in one, rent out the others?(live rent free)! Very stable w/ long-term tenants of 1 + years ,that want to stay. . Views to Grand Mesa, inside the city limits! near the High School. ****4.8 shares of irrigation deeded water UVWUA**** The Main stick built adobe home (1020 16th st ) is 1, 392 feet (3/2) 2 stories - All new flooring, paint, a new $4000 furnace, and new hot water heater! Lots of upgrades! The 1st rental/mobile (1010 16th st) 804 SF 2/1.New Flooring, Paint, Roof re-coated The 2nd rental /mobile (1030 16th st ) 1, 078 feet 2/2 . New Flooring, Paint, Roof re-coated Both mobiles' roof's have had full waterproofing and paint work in 2020. All 3 units have W/D hookups and exterior storage sheds Delta, CO, Western slope of Colorado. 20 min to Montrose or 40 to Grand Junction. Great income potential - Hold as pure investment or live in one, rent out the other two. Remodeled 2020. 3 sewer and 3 water taps - All tenants pay their own electric, gas, water, sewer, trash. 3 separate addresses per assessor, room to farm or subdivide in the future for more lots. Develop? Plenty of room. 3-4 out buildings/sheds. Other Upgrades/Notes from 2020 remodel: 2 out of 3NEW hot water heaters, new stone and wood interior upgrades. 2 granite counters. New vanity's! Homes are old but have a vibrant modern feel. Huge lawn on the East and acres to work on in the back with irrigation ditches/canals/pipes. Irrigation water ditch cuts thru the property! In town convenience w/ out of town space + views! Some new fencing. Showers in all bathrooms. Both mobiles have tubs, No Tub in stick built home. Current market gross rent likely closer to 38K/yr. Built in value w/ future development potential/farm/water rights. Proj. Cap Over 7%!!
Exterior Features

Attached Garage YN No Carport Spaces 1 Carport YN Yes Covered Spaces 1 Fencing Partial Garage YN No Lot Size Area 4.78 Lot Size Square Feet 208216.8 Parking Total 11 Roof ArchitecturalShingle Structure Type Triplex

Interior Features

Basement YN No Foundation Details BlockSlab Heating Baseboard Heating YN Yes Levels One Living Area Sq Ft 3275

Property Features

Above Grade Finished Area 3275 Association YN No Building Area Source Public Records Construction Materials BrickBlockCement Siding Exclusions All Tenants Pp Listing Terms CashConventional1031 ExchangeOther Ownership Corporation/Trust Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 610 Tax Year 2020 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas Connected Water Source Public

REcolorado logo Listing courtesy of Telluride Realty Llc:(970) 728-4000. MLS #6448756


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Compass are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The DeGrood Team | Compass
4643 S Ulster St, Suite 500
Denver CO, 80237
REcolorado logo Offered by Telluride Realty Llc.