2 FULLY OCCUPIED DUPLEXS 4 rentals, 2 buildings 2 rented buildings for 4 total renta. Elevated duplexes w/ a private park + lawn and elevated private deck. High Ceilings and views with mature trees and a park like setting. Always in demand and rented, rare to be vacant. Each side of duplex is a 2 bed /1.5bath + carport. (House hack one side or Mother-in-law rental or straight Investment??) Alll tenants would like to stay (perfect for investor), but one side could be freed up for purchase by an owner occupant, if desired once contracted with 45+ days perhaps. Many of the Tenants have been there for years . Each side has a private small deck and access to the park for residents only of the 5 buildings. (The duplex owner would own 1/5 of the quiet park also) Irrigation water for the park is included for crops or lush lawns. Remodeled in 2023 with 100% new paint, some new windows, new flooring on both sides . Quiet area, great for kids. Plenty of parking and Privacy. Room to expand on the lot for storage units or more garages or more carports. A buyer could easily enclose the Carport or build a rooftop deck above the carport. The living room is up half stairs(elevated) and the bedrooms are garden level. 2025 Scheduled income / Gross income is $67,100. A nice 7.5%+ CAP rate before mngt fees. The tenants have their own electric meter and pay it, The owner pays the sewer/water/trash/irrigation and gas Each carport has a lockable storage unit. Additional storage is or can be built in under dining room outside, on each side . Tenant is responsible for each of their rear yards, but not the park. Park **** PLEASE DO NOT DISTURB TENANTS, fully rented with great tenants. we need 24 hrs + for showings **** if a buyer would want to live in one side, they would have to wait 30-65+ days+ for tenant to move out.( notice 31 days for tenant minimum) ***note some of the pics are older, when it was vacant and before tenant moved in, some pics are also of complex, there are 5 duplexes in this community. The park is co-owned 1/5 per duplex. so this owner of the 2 buildings would own 40% of the Park.
Sold cren member
$725,000
201 Rich Street #1) 201 Rich/858 Garnet + 852 /850 Garnet, Delta, CO 81416
4beds
3,936sqft
Quadruplex
Built in 1977
-- sqft lot
$725,000 Zestimate®
$184/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 06, 2025 at 03:22pm
Listed by:
Scott Elkins 970-708-0494,
Telluride Realty, LLC,
Mark Simpson,
Telluride Realty, LLC
Bought with:
Sara Woodward, FA100067308
Norris-Phillips Real Estate, LLC
Source: CREN,MLS#: 827041
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Interior area
- Total structure area: 3,936
- Total interior livable area: 3,936 sqft
- Finished area above ground: 1,968
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 2
Lot
- Size: 0.40 Acres
Details
- Parcel number: 345518332003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1977
- Major remodel year: 2024
Community & neighborhood
Location
- Region: Delta
- Subdivision: Garnet Mesa
HOA & financial
HOA
- Has HOA: Yes
- Association name: Small Park only
Other financial information
- Total actual rent: 2800
Other
Other facts
- Has irrigation water rights: Yes