1229 10th St, Greeley, CO 80631

$625,000
6
BD
4
BA
List Price
$625,000
Status
ACTIVE
MLS#
978628
Year Built
1885
Bedrooms
6
Bathrooms
4
Lot Size
6,000
Region
Greeley/Weld
Subdivision
Greeley City

Property Description

Fantastic Investment Opportunity! Continue renting out all four units or live in one unit and rent out the other three units, great option for residential owner occupant financing. Amazing downtown Greeley location less than a mile from the University of Northern Colorado. This two-story 4-plex offers a great unit mix of two units with 2 bedrooms and 1 bath and the additional two units feature 1 bedroom and 1 bath. Selling at a 6 CAP with the ability to raise CAP rate to high 7's very quickly with updates that have been done and expiring leases! Walk or bike to shopping, schools, and restaurants. The one bedroom units feature 1 full bath, an open concept living and kitchen area, and multiple closets. The two bedroom units feature 1 full bath, an open concept dining and living area, kitchen, and multiple closets. Property includes a common laundry area with coin-operated washer and dryer included. There is room for rental increases for all four units. The property comes with reserved off-street parking and additional on street parking. Call 970-460-4006 to schedule a showing or for additional information.

Additional Information

Taxes
$3,126
Style
Colonial, Contemporary/Modern
Property Styles
Colonial, Contemporary/Modern
School District
Greeley 6
Elementary School
Maplewood
Middle School
Heath
High School
Northridge
Fireplaces
None
Heating
Gravity, Wood Stove
Cooling
Room Air Conditioner, Ceiling Fan(s)
Utilities
Natural Gas Available, Electricity Available, Cable Available
Zoning
R-H
Possible Usage
Multi-Family
Buyer Agency Compensation
3.00

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NoCo Home Team.

The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Information deemed reliable but not guaranteed by the MLS
Listing data last updated: