38.73887 -108.07166
122 6th Delta CO 81416 268376193 38.73887 -108.07166 60105 /listing/268376193-151082055/122-6th-delta-co-81416 False 0 164000.0 1680 105 100 7548209 False 1925

122 6th

Delta, CO 81416 MLS# 7548209

Active 04/22/20

268376193 False False 38.73887 -108.07166 60105 /listing/268376193-151082055/122-6th-delta-co-81416 False 0 164000.0 1680 105 7548209 False 47191741 0
$164,000
MLS# 7548209
Active 04/22/20
  1. Listed on 04/22/20
  • 1,680 Square Feet Sq.Ft
  • 1925 Year Built Yr. Built
122 6th Delta, CO 81416 MLS# 7548209
Active 04/22/20
268376193 38.73887 -108.07166 60105 /listing/268376193-151082055/122-6th-delta-co-81416 False 0 164000.0 1680 105 7548209 False
$164,000
  • 1,680 Square Feet
  • 1925 Year Built
  1. Listed on 04/22/20
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Description

2 units - ( both 2/1s) 8%+ cap rateIn town commercial or Residential Townhome. LIVE WORK PLAY IN THE SAME UNIT !A Newer remodel with shower and new upgrades like stone +floors etc These are both 2 bedroom units w/ a small mudroom/entryway and also a rear exit door also. The exterior also has a door to the downstairs entrance to the basement(could also be used as a shop/office if you clean it up). Also a W/D is located in this downstairs storage area. Note: This townhome could be less expensive than rent: (*with a bank loan on this at 3%-5% with 1-4kk down, your payments would be under $445 a month, Please speak to your loan officer) It's a great rental! ( the income would easily over $675 a month if rented. (example: $8,100+ in income per unit per year, with low taxes sub $210. Each unit has its own gas meter and Electric meter, as well as city water meter so the tenant pays their full share! NO HOA ! so you can do what you want! These units have some newer plumbing and a modern layout and lots of light. Forced gas heat, ***THIS UNIT might be OCCUPIED by a tenant or airbnb/short term*** INVESTORS: =8% before taxes/insurance/costs etTenant pays gas and water and power etc. low taxes, low insurance, NO HOA fees.**this is a opportunity Zone parcel and projectIdeas: add a legal bedroom downstairs? or a roof top patio?

Courtesy Of Telluride Realty LLC
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Subdivision: other
  • SqFt Finished: 1590.00
  • SqFt Above: 1590.00
  • SqFt Basement Finished: 0.00
  • SqFt Basement Unfinished: 90.00
  • PSF Total: 97.62
  • PSF Finished: 103.14
  • PSF Above Grade: 103.14
  • Year Built: 1925
  • Construction Materials: Cement Siding, Concrete
  • Special Listing Conditions: None Known
  • Ownership: Corporation/Trust
  • Directions: w 6th off of main across from the library
  • Building Name: central flats
  • Stories: 1
Interior Features
  • Exclusions: all tenant personal property
  • Unit Count: 1
  • Occupant Type: Tenant
Unit Info
  • 2 Bedroom
  • Average Rent: 660.00
  • Average SqFt: 800.00
  • Dryers: 1
  • Hookups: 2
  • Unit Type: 2 Bedroom
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: 2 townhomes
  • Unit Type Units Total: 2
  • Washers: 1
Room Details
  • Basement: Exterior Entry
  • Basement YN: Y
Parking/Garage
  • None
  • Parking Spaces Number Of: 2
  • Parking Type: None
  • Parking Total: 2
  • Total Offstreet Spaces: 0
Community/Neighborhood Information
  • Walk Score: 60
HOA
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
  • HOA YN: N
  • Restrictions/Covenants YN: N
Financial Considerations
  • Cap Rate: 8.10
  • Gross Income: 15900.00
  • Legal Description: central flat condos unit 122 unit 124
  • Projected Annual Expense: 3000.00
  • Projected Gross Income: 13500.00
  • Tax Amount: 552.00
  • Tax ID: 376734123002
  • Tax Year: 2018
  • Utilities Paid By Tenant: Direct Billing from Utility
Utilities & Green Home Features
  • Cooling: None
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
Exterior & Lot Features
  • Roof: Concrete
  • View: City
Schools Near 122 6th Delta, CO
District: Delta County 50J
Schools: Garnet Mesa, Delta, Delta
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