Delta, CO-Western Slope Colorado (Home + detatched studio)

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Delta, CO-Western Slope Colorado (Home + detatched studio)

Real Estate Broker · Telluride co · Member since 2016 · 50 posts · 20 votes

Delta CO, near Montrose Ridgway and Grand junction, 2 hours to Telluride.

Unlisted !!! Small home on big corner lot, 3/1 + detached garge with rental !

The new(2012?) garage that has a 312 foot rental above it.(this studio needs to be finished, it has been drywalled and plumbed but no fixtures are set)

New water lines and updates, (new garage is from an insurance check of old owner, then of course they ran out of money on the new build and left it 85% complete (yes, a  shocker to all of you, I know))

 Huge rental opportunity of 2 units on one parcel!

home needs some small minor items to get it back in rental shape.

 I imagine that the main home would rent for $700-800 and studio for $400-450? = around 1,100 a month!(depends on whom you rent garage parking too.)

Tight inventory, great demand for rentals. up and coming market.

Email any western slope questions you have, love to chat! 

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  • Real Estate Broker · Telluride co · Member since 2016 · 50 posts · 20 votes
    9y

    Here is the link if you want to see pics/info etc.

    http://itax.deltacounty.com/assessor/taxweb/account.jsp?accountNum=R012389&doc=SKETCH&sketchNum=2&page=1

    The price is $125,000 including my fee, ( disclosure I am a license real estate broker in the state of colo. ) sold as is where is.

    Square footage of listing includes home + loft/studio

    There are  only 16 homes in Delta under 150,000, so supply is tight.

  • Real Estate Broker · Telluride co · Member since 2016 · 50 posts · 20 votes
    9y

    This home is remodeled, a great rental!( only the garage /loft need to be finished now.

    It's a 3/1 in the main home, and then the garage is 80% finished and could create more rental income. This is more of a rental than a flip.

    2  car garage with loft /1 bbr above

  • Multi-family Investor · Cedar City, UT · Member since 2013 · 73 posts · 2 votes
    9y

    Hi Scott, I am relocating the Colorado Springs in April and will be looking for some good deals. Do you have a mailing list you can put me on?

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