407 Palmer Avenue

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 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.