Western Slope - 9.5% CAP Delta, CO (69k) (Owner Finance poss.)

3 Replies

Price $69,000
Location 114 6th, 1, Delta, CO, 81416
Property Details

Condo

  • Current Rent: $675
  • Square Footage: 585
  • Bedrooms: 2
  • Bathrooms: 1.0
  • Occupied: Yes
  • Lot Size: 0

Western Slope (near Telluride/Aspen/Grand Junction/Montrose/Ridgway)

$7,000 - $7,500 a year in Gross . (low taxes of just $210 and the tenant would pay all utilities)

CAP>

In town, Modern living in a well laid out Condo. Great remodel from 2016 with stone and new floors and upgrades. This is an end unit!!! "Central Flats Condo unit #1" is the name of this complex , Downtown Delta. This could be cheaper than rent: (if you put a loan on this at 5% with 2k down, your payments would be under $385 a month, Please speak to your loan officer) It's a great rental, with income easily over $625 a month if rented. Low taxes under $210 Each unit has its own gas meter and Electric meter, as well as city water meter. NO HOA ! This unit has newer plumbing and a modern layout and lots of light. Forced gas heat.

Newer plumbing and new floors and upgrades like stone and slate and tile floors.

EMAIL/DM me for more pics or link, or just google the mls # below.

Listed by Telluride Realty (CREN MLS #753454)- Elkins Simpson Team

craigslist link

Updated 5 months ago

Rented now for $675 a month with full $675 sec deposit, as well as full $675 last months rent.

Montrose - Western Slope -Delta ( near Ridgway - Telluride - Durango - Grad Junction )
( great return for you Denver - Boulder - Vail folks that are chasing 4-5% Cap rates)

Originally posted by @Scott Elkins:

Western Slope (near Telluride/Aspen/Grand Junction/Montrose/Ridgway)

$7,000 - $7,500 a year in Gross . (low taxes of just $210 and the tenant would pay all utilities)

CAP>

In town, Modern living in a well laid out Condo. Great remodel from 2016 with stone and new floors and upgrades. This is an end unit!!! "Central Flats Condo unit #1" is the name of this complex , Downtown Delta. This could be cheaper than rent: (if you put a loan on this at 5% with 2k down, your payments would be under $385 a month, Please speak to your loan officer) It's a great rental, with income easily over $625 a month if rented. Low taxes under $210 Each unit has its own gas meter and Electric meter, as well as city water meter. NO HOA ! This unit has newer plumbing and a modern layout and lots of light. Forced gas heat.

Newer plumbing and new floors and upgrades like stone and slate and tile floors.

EMAIL/DM me for more pics or link, or just google the mls # below.

Listed by Telluride Realty (CREN MLS #753454)- Elkins Simpson Team

craigslist link

Updated 5 months ago

This is now active again, we had it UC with an owner carry , but fell apart this week. Its rented at $675 a month! this is a deal!

Updated 8 months ago

This is in a OPPORTUNITY ZONE, so it meets the criteria for the 0% capital gains if held in a fund for 10 years #Telluride / Montrose Westernslope

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