Incredible Investment or Live-In Opportunity in the Heart of Delta! Located in Deltaâ??s desirable Garnet Mesa neighborhood, this rare four-unit property (two duplexes) offers flexibility, strong income potential, and a proven rental history. With long-term tenants in place and extensive updates inside and out, much of the hard work has already been done. One unit is newly remodeled and move-in ready, perfect for an owner-occupant seeking tenant income or an investor looking to lease all four units. Each spacious residence features a large great room, generously sized bedrooms, and ample closet space. Every unit has two private entrances and opens to a beautifully landscaped, tree-lined courtyard that enhances privacy and charm. Situated in a quiet, private neighborhood just minutes from downtown shopping and dining, this property combines comfort, convenience, and strong financial performanceâ??with even more room for value growth. Enjoy all that Coloradoâ??s Western Slope has to offer, with easy access to the Grand Mesa, Black Canyon of the Gunnison National Park, The Uncompahgre Plateau, and world-class skiing at Powderhorn and Telluride. A rare, turnkey investment in one of Deltaâ??s most sought-after areas!
All 16 units are 2-bedroom 1 bath and tenant pays all utilities. All units have metal roofing and are in the process of having mini splits and metal siding installed. These are low-income units and subject to USDA guidelines. Property is encumbered with a USDA, Rural Development contract with restrictions which stays with the property until 2029.
All 4 units are 2-bedroom 1bath. These are low income and subject to USDA guidelines. The property is encumbered with a USDA Rural Development contract until 2027.
Delta is located in Colorado. Delta, Colorado has a population of 9,036. Delta is more family-centric than the surrounding county with 29.04% of the households containing married families with children. The county average for households married with children is 24.22%.
The median household income in Delta, Colorado is $44,551. The median household income for the surrounding county is $51,803 compared to the national median of $69,021. The median age of people living in Delta is 44.9 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 9.2 inches per year, with 23.1 inches of snow per year.
