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Home » Real Estate » CO » Delta » 81416 » 407 Palmer Avenue, Delta, CO, 81416
$399,000

407 Palmer Avenue, Delta, CO, 81416

4 Beds
4 Baths
2,950 Square Feet

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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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RE/MAX Today

Property Details

Property Type Residential
Status Active
Bedrooms 4
Bathrooms (Full) 1
Property Sub Type Stick Built
Square Feet 2,950
MLS # 808632

Market Trends

New Properties On Market
31
94% Increase In New Listings
Average Asking Price
$487,354
$120,076 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$254
$1 Decrease In List Price/Sq. Ft.
Data as of May 17, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited. FULL CREN Disclaimer Real Estate listings held by companies other than Galles Properties contain that company’s name. Fair Housing Disclaimer