230 240 short st Delta, CO 81416

2 Duplexes ( 4 uniits) DO NOT DISTURB TENANTS!!! Great income AT 6%+ CAP. 2 SEPARATE DEEDS! Income/unit mix in the data in the mls. Each duplex is a 2/1 . Please call broker for showing, DO NOT DISTURB tenants!!! (will need a pre qual prior to showing) Below market rents, easily can be brought up. 1-6 months left on all leases( vary ). one lease is thru Delta Housing authority, so dedicated funding. 3 of the units are older! (NOT remodeled inside.) One unit has been remodeled! OUTSIDE REMODEL HAS BEEN COMPLETED ON BOTH BUILDINGS. New paint and New metal outside, New fencing, some newer windows also. Survey also(adds 3k of value) Each building has a shared mechanical room with a W/D between the two units. Roofs in good shape. Each unit has their own storage shed. Each unit has their own 2 entrances(8 entrances total). Easch unit has their own Electrical meter, tenant pays Each building has only one gas meter and one city water/sewer meter. Fenced shared courtyard! Large yard /area in rear for dogs or more storage etc. No alley access. Value add for investors, similar units that have been remodeled are renting for 1100+ per month. Near Telluride and Grand Junction/ Paonia Net income over 34,500+ / price = 6.06% #232, #236, #240 all month to month as of 4/30/22 (All of these tenants have been onsight for over 5 years + and one for 10 years+) #240 is locked in at $1,135 month thru 12/1. Natural gas averages $1,550 per year for each building . Water/sewer/trash costs per building average about $500 a year.