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    1802 8th Ave

    Greeley, CO 80631
    • $680,000
    • STATUS: Active Under Contract
    • ON SITE: 135 days
    • ID#: 910957
    Under Contract
    UPDATED: 50 min ago
    $680,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,054
      SQFT
    • $223
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Information

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

    Description

    This gorgeous property is looking for an investor who is searching for great cash flow. A beautiful maintained duplex, which features the main and upper unit with 6 beds, 2.5 Baths. The lower unit has 3 beds, 2 baths. Vinyl siding, newer roof, and numerous updates. This property is located across from the UNC Campus- Greeley. To top it off, this property is fully 100% leased for the 2020-2021 school year. With over a 7% cap rate (seller pays utilities), you won't find a nicer Income Property!

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    © 2020 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 eXp Realty | Peak Properties Group. Data last updated: 2020-09-19T23:37:50.497.
    www.soldbypeak.com/homes/105633987
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    1802 8th Ave Greeley, CO 80631

    • Price: $680,000
    • Status: Active Under Contract
    • Updated: 50 min ago
    • ID#: 910957
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,054
    SQFT
    $223
    $/SQFT
    1916
    Built
    Neighborhood:
    Arlington Heights
    County:
    Weld
    Area:
    10 Weld County (all)
    Elementary School:
    Other
    Middle School:
    Heath
    High School:
    Greeley Central
    School District:
    Greeley 6
    Property Description
    This gorgeous property is looking for an investor who is searching for great cash flow. A beautiful maintained duplex, which features the main and upper unit with 6 beds, 2.5 Baths. The lower unit has 3 beds, 2 baths. Vinyl siding, newer roof, and numerous updates. This property is located across from the UNC Campus- Greeley. To top it off, this property is fully 100% leased for the 2020-2021 school year. With over a 7% cap rate (seller pays utilities), you won't find a nicer Income Property!
    Exterior Features

    Construction Wood/Frame Fences Partially FencedWood Fence Location Description Corner LotSloping LotHouse Faces West Lot Improvements Street PavedCurbsGuttersSidewalksAlley Outdoor Features Lawn Sprinkler SystemStorage BuildingsDeck Parking Per Unit Less Than 1 Property Styles 2 Story Property Views City View Road Access City StreetAlley Type Colonial Waterfront No

    Interior Features

    Basement Foundation Full Basement90%+ Finished Basement Cooling Central Air ConditioningCeiling Fan Design Features Eat-In KitchenWasher/Dryer HookupsFrench Doors Disabled Accessibility Features Main Floor BathMain Level Bedroom Heating Hot Water Inclusions Window CoveringsElectric Range/OvenDishwasherRefrigeratorClothes WasherClothes Dryer Unit1 Bedrooms 6 Unit2 Bedrooms 3

    Property Features

    Capitalization Rate 7.16 Energy Features Storm WindowStorm Doors Energy Star Certified No Gross Operating Income 57450.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status Backup Locale Greeley Mineral Water Rights Mineral Rights Excluded Nahb Certified No Net Operating Income 48717.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional1031 Exchange Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 1636 Tenant Pays Deposit Total Operating Expense 8733.0000 Utilities Natural GasElectricSatellite Avail Zoning R-H

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Will Malizia of C3 Real Estate Solutions, Llc.



    © 2020 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 eXp Realty | Peak Properties Group. Data last updated: 2020-09-19T23:37:50.497.
     
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    Aurora CO, 80014