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1020 16th Street

Delta, CO 81416
  • $458,750
  • STATUS: Active
  • ON SITE: 174 Days
  • MLS #: 794455
$458,750
  • 7
    BEDS
  • 4.73
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,275
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1943
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Telluride Realty, Llc: 970-728-4000.


Description

Single family home with two additional mobiles on the property. Live in one residence and rent out the others to live rent free! FULLY OCCUPIED - DO NOT DISTURB TENANTS, DO NOT DRIVE ONTO PROPERTY. (YOU MAY DRIVE BY AND VIEW FROM STREET ONLY!) Very stable investment with long-term tenants that want to stay. 6.6% NET cap rate. 3 homes on 4.7 acres with water rights and views to Grand Mesa, inside the city limits! (4.8 shares of irrigation deeded water UVWUA) The Main home (1020) is 1,392 feet (3/2) 2 stories - Adobe/stick built, all new flooring, paint, a new $4000 furnace, and new hot water heater! The 1st rental/mobile (1010) 804 SF 2/1. New Flooring, Paint, Roof re-coated The 2nd rental /mobile (1030) 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 3 NEW 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. The west border is an alley for private access to the back of the parcel. Irrigation water cuts thru the property, easy for distribution - plenty of water! In town convenience with out of town space and views! Some new fencing to help with separation. Showers in all bathrooms. Both mobiles have tubs, No Tub in stick built home.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-11-28T23:56:26.8.
www.thehowegroup.co/homes/129592773
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1020 16th Street Delta, CO 81416

  • Price: $458,750
  • Status: Active
  • On Site: 174 Days
  • MLS #: 794455
7
Beds
5
Baths
0
½ Baths
4.73
Acres
3,275
SQFT
$140
$/SQFT
1943
Built
Neighborhood:
Other
County:
Delta
Area:
Delta
Elementary School:
Garnet Mesa K-5
Middle School:
Delta 6-8
High School:
Delta 9-12
Property Description
Single family home with two additional mobiles on the property. Live in one residence and rent out the others to live rent free! FULLY OCCUPIED - DO NOT DISTURB TENANTS, DO NOT DRIVE ONTO PROPERTY. (YOU MAY DRIVE BY AND VIEW FROM STREET ONLY!) Very stable investment with long-term tenants that want to stay. 6.6% NET cap rate. 3 homes on 4.7 acres with water rights and views to Grand Mesa, inside the city limits! (4.8 shares of irrigation deeded water UVWUA) The Main home (1020) is 1,392 feet (3/2) 2 stories - Adobe/stick built, all new flooring, paint, a new $4000 furnace, and new hot water heater! The 1st rental/mobile (1010) 804 SF 2/1. New Flooring, Paint, Roof re-coated The 2nd rental /mobile (1030) 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 3 NEW 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. The west border is an alley for private access to the back of the parcel. Irrigation water cuts thru the property, easy for distribution - plenty of water! In town convenience with out of town space and views! Some new fencing to help with separation. Showers in all bathrooms. Both mobiles have tubs, No Tub in stick built home.
Exterior Features

Acreage Range 2-4.99 Approx Irrig Acres 4.73 Carport No Garage No Property Attached No Stories Two Story Water Well No Waterfront YN No

Interior Features

Additional Living Quarters Yes Main Sq Ft 1216 One Quarter Baths 0 Total Office Dens 0 Upper Sq Ft 576

Property Features

Current Use Residential Green Certification No Hoa No New Construction YN No Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2021 Total Taxes 603 Water Rights Yes

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-11-28T23:56:26.8.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Telluride Realty, Llc: 970-728-4000.