407 Palmer Street

Delta, CO 81416

$399,000
Price
4
Beds
4
Baths
2,950 Sq. Ft.
$135 / Sq. Ft.
2,950
Sq. Ft.
$135
per Sq. Ft.

Description

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...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.
  1. Listed by Alisa Green • RE/MAX Today
  2. Listed by Kim Guthrie-Burch • RE/MAX Today

Property Details for 407 Palmer Street

Water Front
No
Zoning
Commercial, Residential Single Family
Subdv Name
Delta Original

Location

Listing Courtesy of RE/MAX Today, Alisa Green; RE/MAX Today, Kim Guthrie-Burch
Add your commute
LISTING UPDATED: 04/05/2024 03:08 PM

Property Details for 407 Palmer Street

StatusActive
MLS #808632
Days on Market202
Taxes$1,187 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built1950
Lot Size0.20 AC / 8,712 SF
CountyDelta County

Location

Listing Courtesy of RE/MAX Today, Alisa Green; RE/MAX Today, Kim Guthrie-Burch
Add your commute

Building Information for 407 Palmer Street

Stories-Year Built1950Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$2,276 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$99

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 407 Palmer Street

Summary
Location and General Information
  • Directions: From Main Street head West onto 4th Street. House is on the Southwest corner of 4th and Palmer
Owner
  • Owner Name: KOJO LLC
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Type: Attached Garage
  • Garage Capacity: 2
  • Garage Y/N: Yes
School Information
  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Open Enrollment
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2023
  • Total Taxes $: 1186.88
Property
Property and Assessments
  • Domestic Water Source: City Water
  • Domestic Sewer Source: Public Sewer
  • FIPS Code: 08029
  • Legal/Lot Block: See Exhibit "A"
  • Foreign Owned Y/N: No
  • Photo Count: 21
  • New Construction Y/N: No
  • Disclosures: Lead Base Paint, Pets Allowed
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: Less than .25
  • Current Property Use: Residential, Commercial
  • Possible Property Use: Residential, Commercial
  • Parcel ID #: 3.45713429001E11
  • Property Description: Corner
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
  • Internet Service Y/N: Yes
  • Internet Provider: Spectrum/Charter
  • Utilities: Electric, Internet, Natural Gas, Phone - Cell Reception
  • Addit Living Quarters: No
  • Water Well: No
Multi Family
Multi-Family Information
  • Residence Stories: Bi-Level
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 3
  • 1/4 Baths: 0
  • Total Bathrooms: 4.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Florring: Carpet-Partial, Linoleum
  • Cooling: Evaporative Cooler
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal
  • Heating System: Boiler
  • Fireplace/Location/ Type: Woodstove
Exterior Features
  • Construction Type: Concrete/Block, Metal Frame, Stone
  • Roof: Composition
  • Siding: Stone, Aluminum Siding

Property History for 407 Palmer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 407 Palmer Street

Taxable ValueLand$2,098Additions$16,545Total$18,643
Tax Record2023$1,187 ($99 / month)
Home Facts
Total Finished SqFt500 SqFtAbove Grade Finished SqFt500 SqFtLot Size8,712 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated1955CountyDELTAAPN345713429001

Schools near 407 Palmer Street

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

Garnet Mesa 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

407 Palmer Street is a single family home for sale in Delta, CO 81416. This property was listed for sale on October 11, 2023 by RE/MAX Today, it's currently listed at $399,000. This listing's school district is Delta County 50(J) School District. Nearby schools include Lincoln Elementary School, Garnet Mesa Elementary School and Delta Middle School. 407 Palmer Street is a 4-bed, 4-bath, 2,950 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Today, Alisa Green; RE/MAX Today, Kim Guthrie-Burch

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.