1932 8th Avenue
1932 8th Avenue Greeley, Colorado 80631 United States

$900,000
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Opportunity is knocking at this property! Here is a great investment property to build your portfolio. Located within walking distance from UNC and Downtown Greeley this property is in the perfect location. There are 2 buildings on the property...
Listing Courtesy of Sears Real Estate
18
Bedrooms
.33 Acres
Exterior
Residential Income
Property type
1995
Year Built
946411
Web Id
946411
MLS ID
Arlington Heights
Subdivision
Greeley 6
School District
Maplewood
Elementary
Heath
Middle
Greeley Central
High

About 1932 8th Avenue

Opportunity is knocking at this property! Here is a great investment property to build your portfolio. Located within walking distance from UNC and Downtown Greeley this property is in the perfect location. There are 2 buildings on the property and 4 individual units, each have their own separate meters for gas and electricity. The first building was built in 1918 and is a 6 Bedroom 2 bath room house. The second building was built in 1995 and has 3 units and each of those units has 4 bedrooms and 3 bathrooms. The second building is fully leased and the first building is available for you to see. Currently the landlord is paying for the utilities in the second building but that is a great opportunity to have the tenants pay the utilities as each lease renews. Once you are able to get the tenants to take on all utilities, we expect the Cap Rate to bump up a full point to 6.05.

Listing Courtesy of Sears Real Estate

Amenities

  • Dishwasher
  • Refrigerator

features

cooling
Ceiling Fan, Electric, Gas
lot description
Level
Community
Sidewalks
Style
Ranch

PROPERTY INFORMATION

Appliances
Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Cooling
Central Air, Ceiling Fan(s)
Heating
Forced Air, Hot Water, 2 or more Heat Sources
Parking Description
Alley Access
Sewer
City Sewer

EXTERIOR

Construction
Wood/Frame, Vinyl Siding
Lot Description
Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Excluded
Roofing
Composition
Listing Courtesy of Sears Real Estate
Listing Courtesy of Sears Real Estate
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