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  • $377,000

    858 Garnet #201 Rich and 858 Garnet, Delta, CO 81416

    4beds
    1,968sqft
    : 
    Duplex
    Built in 1977
    -- sqft lot
    $369,700 Zestimate®
    $192/sqft
    $-- HOA

    What's special

    Elevated private deckPrivate parkRooftop deckCorner propertyBedrooms are garden levelHigh ceilings
    INVESTORS ** FULLY OCCUPIED DUPLEX (2 SIDES/ ONE UNIT) Beautiful lofted duplex with a private park + lawn and elevated private deck, corner property. High Ceilings and decks. Each side of duplex is a 2 bed /1.5bath +carport. (House hack the other side or Mother-in-law rental or straight Investment??) Both tenants would like to stay (perfect for investor), but one side could be freed up for purchase by an owner occupant, if desired. 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 $33,600. Net income over $29,455 for a nice 7.8% CAP rate before mngt costs (total expenses $4,143 ) 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 30 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.
    12 days
    on Zillow
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    500
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    20
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    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 12:58pm

    Listed by:

    Scott Elkins 970-708-0494,

    Telluride Realty, LLC,

    Mark Simpson,

    Telluride Realty, LLC

    Source: CREN,MLS#: 826901MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 858 Garnet #201 Rich and 858 Garnet.

    Next available tour time:Tomorrow at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Interior area
    • Total structure area: 1,968
    • Total interior livable area: 1,968 sqft
    • Finished area above ground: 1,968

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Carport spaces: 2
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 345518332003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1977
    • Major remodel year: 2024

    Community & HOA

    Community
    • Subdivision: Garnet Mesa
    HOA
    • Has HOA: Yes
    • HOA name: Small Park only
    Location
    • Region: Delta

    Financial & listing details

    • Price per square foot: $192/sqft
    • Annual tax amount: $577
    • Date on market: 7/25/2025
    • Total actual rent: 2800
    • Has irrigation water rights: Yes
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