1605 11th Avenue, Greeley, CO, 80631

  • $950,000
1605 11th Avenue , Greeley, CO 80631

Overview

Property ID: 9021000
  • ResidentialIncome, Triplex
  • Property Type
  • 15
  • Bedrooms
  • 6
  • Bathrooms
  • 7405
  • Sq Ft
  • 1914
  • Year Built

Description

BACK ON MARKET; NO FAULT OF THE SELLER OR PROPERTY! Seller is Offering a $10,000 Concession for Rate Buy-Down!! Here is the investment property you’ve been looking for with a 7.09% Cap Rate! 3-unit property in a ‘Class A’ location and immediate cashflow! Walking distance to UNC and tons of updates throughout the property over the last 8-years including HVAC, roof, fire sprinkler system, new bathrooms & kitchens; too many to list! Solid attorney-prepared leases in place. There is income potential with the common/flex room and ability to add coin-op laundry. Upper unit (8-bed) leased through 4/30/23 at $4,000/month, Front unit (6-bed) leased through 5/31/23 at $2,700/month, Basement unit (1-bed) month-to-month. Landlord is currently paying water, sewer, trash, electric. Buyer to verify all stated listing data including schools, square footage, zoning, etc.

  • Address 1605 11th Avenue
  • City Greeley
  • State/county Weld
  • Zip/Postal Code 80631

Details

Updated on February 9, 2023 at 10:08 am
  • Property ID: 9021000
  • Price: $950,000
  • Property Size: 7405 Sq Ft
  • Bedrooms: 15
  • Bathrooms: 6
  • Year Built: 1914
  • Property Type: ResidentialIncome, Triplex
  • Property Status: Active

Additional details

  • PropertySubType: Triplex
  • Subdivision: Cranford
  • Tax Year: 2022
  • Cooling: CentralAir
  • Construction Materials: WoodSiding
  • Roof: Composition
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Laundry Features: CommonArea
  • LotSize SquareFeet: 7405
  • LotSizeArea: 0.17
  • LotSizeUnits: Acres
  • Security Features: CarbonMonoxideDetectors, SmokeDetectors
  • Middle School: Heath
  • HighSchool: Greeley Central
  • HighSchool District: Greeley 6
  • ElementarySchool: Maplewood

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