Share this with your friends
(970) 296-5369
Real Estate Company
1325 Darrell Rd, Evans, CO 80620
- $175,000
- 3
- BD
- 3
- BA
- 1,440
- SqFt
- List Price
- $175,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 1070462
- Year Built
- 1998
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,440
- Region
- Greeley/Weld
- Subdivision
- Darrell Road Condos
Property Description
*Under Contract prior to published listing* $125 per square foot for a fully remodeled 3-bedroom, 3-bath townhome-style condo in Evans. That math doesn't show up often.This 1,440 sqft unit was renovated with new flooring, fresh paint, plush carpet, and an updated kitchen - meaning a buyer can close, list it for rent, and be cash-flowing within 30 days. Zillow's rent estimate puts it at $1,876/month against a sub-$180K purchase price, which is a cap rate that most NoCo investors haven't seen in years.Three bedrooms, three bathrooms, partial finished basement, attached garage, and an HOA of $350/month covering management. Easy access to Highway 85 and the 34 Bypass.A note for buyers: This property is non-warrantable, which means conventional financing through Fannie Mae or Freddie Mac is not available. Cash, portfolio loans, and DSCR loans are the typical path. If you're an investor with capital or a HELOC, this property's been priced specifically for you - and at $125/sqft with rental demand this strong, it pencils.
/u.realgeeks.media/p23realty/header.png)
Additional Information
- Taxes
- $1,469
- Style
- Contemporary
- School District
- Greeley 6
- Elementary School
- Centennial
- Middle School
- Prairie Heights
- High School
- Greeley West
- Heating
- Forced Air
- Cooling
- Central Air
- Utilities
- Natural Gas Available, Electricity Available
- Garage Spaces
- 2
- Zoning
- Res
Listing courtesy of Brian Franzen.
9703010266
Mortgage Calculator
Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.