Greeley, CO 80631,1806 8th AVE
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Greeley, CO 80631,1806 8th AVE
Greeley, CO 80631,1806 8th AVE
Greeley, CO 80631,1806 8th AVE
Greeley, CO 80631,1806 8th AVE

$500,000

Est. payment /mo

$500,000

Est.Price: ?

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1806 8th AVE Greeley, CO 80631

SOLD DATE : 05/03/2022

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Arlington Heights

MLS Listing ID IR961461

Sold Date 05/03/22

HOA Y/N No

Originating Board recolorado

Year Built 1915

Annual Tax Amount $2,105

Tax Year 2021

Acres 0.16

Property Description

PRIME UNIVERSITY OF NORTHERN COLORADO MULTI FAMILY INCOME PROPERTY. CASH FLOW OPPORTUNITY - 5.7% Cap rate! Over 3,000 finished sqft and a total of 7 beds and 4 baths. Up-down style duplex with both units metered separately for electric and gas. Unit 1- 4 bed, 2 bath - rented for 1 year at $1,850 per month w/tenants paying gas and electric. Unit 2- 3 bed, 2 bath - rented month-to-month at $995 per month w/tenants paying gas and electric. Annual insurance premium is $1,392. Owner pays water and trash, averaging $221/month. Coin operated laundry on site for additional income. Situated only 40 feet from UNC campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center will appeal to a variety of potential tenants. Offering a sprinklered yard, spacious lot, alley access, and reserved off-street parking adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements.

Location

State CO

County Weld

Zoning RH

Rooms

Basement Full, Sump Pump

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplaces Number 1

Equipment Satellite Dish

Fireplace Y

Appliance Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available

View City

Roof Type Composition

Total Parking Spaces 7

Building

Lot Description Level, Sprinklers In Front

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Wood Frame

Schools

Elementary Schools Other

Middle Schools Heath

High Schools Greeley Central

School District Greeley 6

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by Equity Colorado-Front Range • 3034168363
Bought with RE/MAX Alliance-Loveland

Rick Cavallaro

Broker/Founder | License ID: ER.040020925

+1(303) 641-1632

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