• Asking Price $399,000
  • Estimated Value: $446,282
  • 407 PALMER ST DELTA, CO 81416

  • 1 Bed 1 Bath 500 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 407 PALMER ST, DELTA, CO 81416

Features

  • Price/sqft: $798
  • Lot Size: 8712 sq. ft.
  • Total Units: 1
  • Total Rooms: 4
  • Roof Type: FLAT
  • Heating: 1
  • Construction Type: Frame
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1950
  • Property ID: 851912536
  • MLS Number: 808632
  • Parcel Number: 345713429001
  • Property Type: Multi-family (5 or more units)
  • County: DELTA
  • Legal Description: 407 PALMER ST DELTA 81416 206 W 4TH ST DELTA 81416 206 W 4TH ST #2 DELTA 81416 238 W 4TH ST DELTA 81416 S: 13 T: 15S R: 96W

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. Alisa Green, RE/MAX Today, C: 970-274-0222, alisagreen8869@gmail.com, www.crenmls.com: This is a great investment opportunity in the heart of Delta. It is within walking distance to restaurants, a grocery store and all the downtown businesses. There are four units that have a history of consistent income (7 straight years with no vacancy), each are leased well into 2024. The first unit 407 Palmer is landscaped with mature rose bushes and is 947+- Square foot with 1 bedroom 1 bathroom and a wood fireplace. The address of 206 W 4th street contains 2 units, #115 and #200 with a landscape entry. Unit 115 is 957+- sf with one bedroom and 1 bathroom. Unit #200 is 547+- sf and has 1 bedroom and 1 bathroom and is separated from the triplex. There is also a 624 +- sf 2 car garage that is currently being used for storage. Each unit has its own electric and gas meter. The 870+-sf patio area out back is a shared space among all 4 units. In 2022 the roof and evaporative cooler were replaced. Just south of the garage there is a garden area for the tenants to utilize. Make an appointment to see how good of an investment this really is.

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