1821 6th Ave, Greeley, CO 80631

$401,100
7
BD
3
BA
Sold Price
$401,100
List Price
$445,000
Status
SOLD
MLS#
988341
Closing Date
Aug 07, 2023
Year Built
1904
Bedrooms
7
Bathrooms
3
Lot Size
9,500
Region
Greeley/Weld
Subdivision
Arlington Heights

Property Description

Incredible Wake Up Money Investment Property in a highly sought after rental location within walking distance to the of the UNC college campus.This spacious property features 7 bedrooms & 3 bathrooms, not one, but two full kitchens to accommodate all tenants & a large parking lot in the back with a detached garage. With an already secured year lease that just started in May & rental income of $3,150 per month ($450 per room) + $497 for utilities ($71 per tenant), this investment property promises exceptional cash flow potential that any savvy investor would appreciate. Highlights of the property include a prime location near the UNC baseball field & walking distance to campus, years of strong rental demand, cash flow positive & multiple tenancy options. Don't miss out on this incredibly priced investment opportunity! Additional Details: The property is leased through 5/14/24. Deposit per tenant is $521. Property is managed by Big Bear Properties. Buyer can continue or terminate the relationship with Big Bear Properties. If terminated, there is a buyout fee of $402.50 per remaining month thru 5/14/24.

Additional Information

Taxes
$2,111
School District
Greeley 6
Elementary School
Maplewood
Middle School
Heath
High School
Greeley Central
Heating
Forced Air
Utilities
Natural Gas Available, Electricity Available
Zoning
Res
Possible Usage
Multi-Family
Buyer Agency Compensation
3.00

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Galbate Team. Group Harmony

9702290700

Selling Office: .

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