201 Rich Street, Unit 1) 201 RICH/858 GARNET 852 /850 GARNET

Sold Cren Member 10/1/25
Sold Cren Member 10/1/25
Gallery Image 1
Gallery Image 2
Gallery Image 3
Gallery Image 4
Gallery Image 5
Gallery Image 6
Gallery Image 7
Gallery Image 8
Gallery Image 9
Gallery Image 10
Gallery Image 11
Gallery Image 12
Gallery Image 13
Gallery Image 14
Gallery Image 15
Gallery Image 16
Gallery Image 17
Gallery Image 18
Gallery Image 19
Sold
Last Sold Price
$725,000
4 beds3,936 sqft

201 Rich St, Unit 1) 201 RICH/858 GARNET 852 /850 GARNET, Delta, CO 81416

Multi FamilyProperty Type
0.4 acresLot Size
1977Year Built
$184/sq ftPrice per sq ft
$600HOA Fees
6 carsParking Spaces

Description

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...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.
  • Listed by: Scott Elkins • Telluride Realty, LLC
  • Listed by: Mark Simpson • Telluride Realty, LLC
Listing closed: 09/30/2025 06:00 PM • Source: CRENMLS, MLS#: 827041
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Telluride Realty, LLC, Scott Elkins; Telluride Realty, LLC, Mark Simpson

Sold By Norris-Phillips Real Estate, LLC, Sara Woodward

Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,570 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,870

Property Taxes

$100

HOA Dues

$600

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 201 Rich Street, Unit 1) 201 RICH/858 GARNET 852 /850 GARNET

Property Details

  • Taxes: $1,200 / year
  • MLS Type: MULTIFAMILY / Fourplex
  • County: Delta County
  • Water Front: No
  • Subdv Name: Garnet Mesa

Building Information

  • Residences: 4
  • Year Built: 1977
  • Lot Size: 0.40 AC / 17,424 SF

Summary

Location and General Information
  • Year Remodeled: 2024
  • Directions: Up on Beautiful Garnet Mesa, above Delta, near the hospital, corner of Garnet and Rich st.
Parking
  • Carport Y/N: Yes
  • Carport Spaces: 2
  • Garage Y/N: No
  • Parking Spaces: 6
School Information
  • Elementary School: Garnet Mesa K-5
  • Middle School: Open Enrollment
  • High School: Delta 9-12
Taxes and HOA Information
  • HOA/Metro Fees: 600
  • HOA/Metro Fees Frequency: Annually
  • HOA Name: Small Park only
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: No
  • Other Transfer Fees Y/N: Yes
  • Tax Year: 2024
  • Total Taxes $: 1200

Property

Property and Assessments
  • FIPS Code: 08029
  • Legal/Lot Block: 201 RICH ST + 858 GARNET AVE DELTA 81416 and 852 GARNET 850 GARNET AVE
  • Photo Count: 19
  • New Construction Y/N: No
  • Covenants Y/N: NO
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: Yes
  • Lot Dimension: triangle
  • Parcel ID #: 3.45518332003E11
  • SqFt Source: Assessor
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Total # Water Meters: 1
  • Total # Gas Meters: 1
  • Total # Electric Meters: 2
  • Water Well: No

Multi Family

Multi-Family Information
  • Multi Story: Yes
  • # of Units: 4
  • Property Mngr: NGNF
Income & Expenses Information
  • Gross Scheduled Income $: $33,600.00
  • Cap Rate Percent: 8.35%
  • Vacancy Factor Prcnt: .00%
  • Net Operating Income $: $31,485.00
  • Gross Annual Expenses $: $2,115.00
Unit 1 Information
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Baths: 1.5
  • Unit 1 Monthly Rent$: 1500
  • Unit 1 Square Feet: 984.0
Unit 2 Information
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 1.5
  • Unit 2 Monthly Rent$: 1300
  • Unit 2 Square Feet: 984.0

Interior and Exterior Features

Room Information
  • 1/2 Baths: 2
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 4.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Main SF: 984
  • Lower SF: 984
Exterior Features
  • Horse Setup: No

Property History for 201 Rich Street, Unit 1) 201 RICH/858 GARNET 852 /850 GARNET

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Sold

CRENMLS #827041

$725,000—
Aug 31, 2025

Pending

CRENMLS #827041

—
Aug 4, 2025

Price Change

CRENMLS #827041

$749,000—
DateEvent & SourcePrice
09/30/2025

Sold

CRENMLS #827041

$725,000
08/31/2025

Pending

CRENMLS #827041

—
08/04/2025

Price Change

CRENMLS #827041

$749,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 201 Rich Street, Unit 1) 201 RICH/858 GARNET 852 /850 GARNET

This home is within Delta County 50(J) School District.
Rating
School
Type
Grades
Distance
Garnet Mesa Elementary School
Public - K to 5
Lincoln Elementary School
Public - K to 5
Delta Middle School
Public - 6 to 8
Delta High School
Public - 9 to 12
Rating
School
Distance
Garnet Mesa Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

Delta Middle School
Public6 to 8

Delta High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Telluride Realty, LLC, Scott Elkins; Telluride Realty, LLC, Mark Simpson

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.