791 1550 Road #1-4, Delta, CO 81416
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791 1550 Road #1-4, Delta, CO 81416
791 1550 Road #1-4, Delta, CO 81416
791 1550 Road #1-4, Delta, CO 81416
791 1550 Road #1-4, Delta, CO 81416
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Lee Roufa

Lee Roufa

+1(970) 729-0526
$ 535,000
Est. payment /mo
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791 1550 Road #1-4 Delta, CO 81416

6 Beds

4 Baths

4,898 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,898 sqft

Price per Sqft $109

Subdivision Jcs Minor

MLS Listing ID 837164

Style Other

Bedrooms 6

Full Baths 4

Year Built 1975

Annual Tax Amount $2,342

Tax Year 2025

Lot Size 2.400 Acres

Acres 2.4

Property Sub-Type Fourplex

Property Description

Located in North Delta along a pleasant road bordered by agricultural land, this 2.4-acre multifamily property offers both current income and significant upside potential. The setting provides a peaceful rural feel while maintaining convenient access to the surrounding Delta area, making it well-suited for continued rental use, expansion, or conversion into a private residence with income-producing opportunities. Unit #2, the upstairs three-bedroom unit, has been completely renovated and is now available to rent at $1,500 per month. The remaining three units are currently rented, providing existing income, while future remodels could substantially increase rental rates and overall property value. With ample acreage and flexible use potential, this property presents an appealing opportunity for investors seeking a value-add rental asset or buyers looking for a spacious property with income potential. The three downstairs units each include fenced areas, offering added convenience for tenants with a furry companion, dogs only. Irrigation water is also available through 2 1/2 shares of the North Delta Ditch Company, and the gated pipe system provides water for planting, gardening, landscaping, or other agricultural uses across the property. Priced at an 8% CAP rate and only $109 per square foot, this property represents an attractive investment opportunity with current income, value-add potential, and room for future growth.

Location

State CO

County Delta

Zoning Residential

Rooms

Basement Slab

Interior

Cooling Window Unit(s)

Inclusions Range/Oven, Refrigerator

Furnishings Unfurnished

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Roof Type Metal

Building

Story Two Story

Foundation Slab

Sewer City Water, Septic

Water City Water, Septic

New Construction No

Schools

Elementary Schools Open Enrollment

Middle Schools Open Enrollment

High Schools Open Enrollment

Colorado Real Estate Network (CREN) + Sold
Listed by Grand Mesa Real Estate Services

NEARBY SCHOOLS & PROPERTIES

Lee Roufa

Lee Roufa

Broker License Partner Engel & Volkers Telluride | License ID: ec100033234

+1(970) 729-0526

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791 1550 Road #1-4