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1718 8th Ave

Greeley, CO 80631
  • $485,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • ID#: 962150
Under Contract
UPDATED: 80 min ago
$485,000
  • 6
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,496
    SQFT
  • $194
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Duplex across the street from UNC! This property has been a solid rental for years, and is situated on a large lot with over 9000sf! Both upper and main floor units, as well as the non-conforming basement unit are currently leased. For the right buyer, this could be an excellent opportunity to live in one unit and keep the others rented for additional income! The upstairs unit is a 3b/1ba rented month to month. Main floor is 2b/1ba rented through 5/31/2022. Basement unit rented month to month. Rents are below market with room for increase.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NAV Real Estate. Data last updated: 2022-05-19T09:40:49.303.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1718 8th Ave Greeley, CO 80631

  • Price: $485,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • Updated: 80 min ago
  • ID#: 962150
6
Beds
0
Baths
0
½ Baths
0.22
Acres
2,496
SQFT
$194
$/SQFT
1902
Built
Neighborhood:
Arlington Heights
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Maplewood
Middle School:
Heath
High School:
Greeley Central
School District:
Greeley 6
Property Description
Duplex across the street from UNC! This property has been a solid rental for years, and is situated on a large lot with over 9000sf! Both upper and main floor units, as well as the non-conforming basement unit are currently leased. For the right buyer, this could be an excellent opportunity to live in one unit and keep the others rented for additional income! The upstairs unit is a 3b/1ba rented month to month. Main floor is 2b/1ba rented through 5/31/2022. Basement unit rented month to month. Rents are below market with room for increase.
Exterior Features

Construction Materials Wood/Frame Direction Faces East Horse YN No Levels Two Lot Features Water Rights ExcludedMineral Rights Excluded Other Parking Parking Per Unit(2 Spaces/Unit) Property Attached YN No Road Frontage Type City Street Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Appliances Gas Range/OvenRefrigerator Basement Full Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Est Sq Ft 832 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 832 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 832 Unit3 Total Baths 1

Property Features

Association YN No Cap Rate 6.83 Ditches Active YN No Electric Electric Exclusions Tenants Personal PropertyOwners Personal Property Gas Natural Gas Gross Income 36600 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventionalFhaVa Loan Locale Greeley Net Operating Income 33159 New Construction YN No Operating Expense 3441 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 1954 Tax Year 2021 Tenant Pays DepositGasElectricityWaterSewer Unit1 Rent 900 Unit2 Rent 1100 Unit3 Rent 650 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Greeley Zoning R-H

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Kyle Farrell of Shorewood Real Estate Noco: 970-775-2301.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NAV Real Estate. Data last updated: 2022-05-19T09:40:49.303.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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