0 B St Unit 728272 Delta, CO 81416

Home + Garage with LOFT/office so basically =3-4 bedrooms in 2 separate structures and buyer can finish the 2nd bathroom in loft/office Located in Delta CO (near Montrose, Ridgway, Paonia and Grand junction, 1:45 to Telluride) It's a small home on big corner lot, the home is 2/1 plus the 300/400+ foot basement with new flooring, that is live-able AND has a emergency egress window for live-able rooms basically and a 2 car garage with un-finished rental studio/or office above it! The newer(2012) garage has a 318 foot rental office or studio above it.(this studio needs to be finished, it has been drywalled and partially plumbed but no fixtures are set. The garage/loft, has been 100% permitted and already has its Certificate of Occupancy as a garage and storage room/office, "as is") The garage upstairs unit just needs to be finished and plumbing permits updated, probably 3-10k depending on finish level( stone/granite etc). HUGE potential RENTAL INCOME OF 1,100+ MONTH !!(COMBINED) The main home needs NO work/TLC, its ready to go! The home has newer carpet and flooring, Its pretty much ready to rent! A New water line has been run in the recent past, with 100% new plumbing in the home, and updates in wiring and windows and trim and flooring. Rental Income ready! ****A new furnace is in the home was added in 2016, so no heating issues, this is a brand new 3k+ furnace value**** Great landscaping and mature trees. great fencing and yard on this corner lot! I imagine that the main home would rent for $700-$800 and studio for $400-450? = around 1,100++ a month!(depends on whom you rent garage parking spots too also.) Tight inventory in Delta, not much supply, there is a great demand for rentals. Notes on market: 1) Only 5-6 stick built homes under 140k in Delta(in this general area) 2) The much sought after 1% investing guide/rule applies to this homes income/price ratio 3) Seller might entertain trades for commercial or income producing property 4) only 5 homes in Delta with garages under 135k !!!! sq footage: 820 main home + 300/400+/- basement(for more room and space, this has emergency egress and great new flooring) Detached loft/studio/office 318 feet above garage =1,438 feet +the 2 car garage (seal/drywall/remove bay door, for more sq footage and another room??) Newer concrete pads poured for driveway and 2 porches , adds value, and mature trees and great boulders and landscaping on this corner lot.