Menu1820 8th Avenue
Greeley, CO 80631 — Weld county
Price
$400,000
Sqft
1968.00 SqFt
Baths
0
Beds
0
Description
CASH FLOW OPPORTUNITY - 6.32% Cap rate! We're pleased to offer this up/down legal duplex located steps from the University of Northern Colorado. Situated a minute's walk from campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center, this income producing property will appeal to a variety of potential tenants. Offering a sprinklered yard, spacious lot, and storage shed with alley access, adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements to the lower unit (Unit 2). Unit 1- rented for 1 year at $1,795 per month. Unit 2- rented month-to-month at $800. Annual insurance premium is $1,458. Currently, owner pays all utilities with a bill back to tenants for water. Owner average $391/month. Bill back is only $150 for Unit 1. Opportunity to increase utility income.
Property Level and Sizes
SqFt Lot
9500.00
Lot Features
Eat-in Kitchen
Lot Size
0.22
Basement
Full
Interior Details
Interior Features
Eat-in Kitchen
Appliances
Dryer, Washer
Laundry Features
In Unit
Heating
Forced Air
Utilities
Cable Available, Electricity Available, Natural Gas Available
Exterior Details
Patio Porch Features
Patio
Water
Public
Sewer
Public Sewer
Land Details
PPA
1818181.82
Road Frontage Type
Public Road
Road Surface Type
Alley Paved, Paved
Garage & Parking
Exterior Construction
Roof
Composition
Construction Materials
Wood Frame, Wood Siding
Security Features
Smoke Detector
Builder Source
Assessor
Financial Details
PSF Lot
$42.11
Previous Year Tax
1536.00
Year Tax
2020
Primary HOA Fees
0.00
Location
Schools
Elementary School
Other
Middle School
Heath
High School
Greeley Central
Walk Score®
Contact me about this property
Cynthia Khalife
RE/MAX Professionals
6020 Greenwood Plaza Boulevard
Greenwood Village, CO 80111, USA
6020 Greenwood Plaza Boulevard
Greenwood Village, CO 80111, USA
- (303) 906-0445 (Mobile)
- Invitation Code: my-home
- cynthiakhalife1@aol.com
- https://cksells5280.com
Contact Me
With courtesy of Equity Colorado-front Range Posted by REcolorado (Denver)
Schedule a Showing
To request an appointment to see this property, fill out the following fields and click the "Send Request" button. An email will be sent to me with your request.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than RE/MAX Masters Millennium are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.