Investment Opportunity! 4 Units rented, one additional unit needs to be finished to be rented. Zoning allows for 5 units Use By Right. Off and on street parking. Excellent rental history. Current rental cap rate net 7.2%. Finish the fifth unit and increase the cap rate. Possible owner financing to qualified Buyer. Owner is an Active Licensed Real Estate Broker in the State of Colorado.
MLS# | 820800 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1947 |
Days On Site | 15 |
Listing Provided By | RE/MAX Alpine View | M David Kienholz |
Bath(s) | 4 Total |
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SQ Feet | 3,655 |
Story(s) | 2 |
Units | 5 |
Zoning | Business,Commercial,Office,Mixed |
Acreage | 0.15 |
State | CO |
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County | Delta |
City | Delta |
Zip Code | 81416 |
Area | Delta |
Listing VS Median (in 81416) | |
Price: $320,500 low | high Med: $375,000 SqFt: 3,655 low | high Med: 3,500 $ / SqFt: $88 low | high Med: $107 On Site: 15 low | high Med: 184.000000 |