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Greeley,CO 80631
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $161
Subdivision 8Th Ave-10Th
MLS Listing ID IR1037685
Style Victorian
Bedrooms 4
Full Baths 2
Three Quarter Bath 1
Year Built 1903
Annual Tax Amount $2,006
Tax Year 2024
Lot Size 9,500 Sqft
Property Sub-Type Single Family Residence
Property Description
Get $32,500 rental income per year from this Investment opportunity for triplex in very good condition with strong cash returns and a very strong 8 Cap Rate. Main level and upstairs have nice upgrades, the house retains a lot of it's original built in charms but there are nice upgrades in kitchens, baths and mechanicals. The basement has its own private entrance, nice tile and good, livable space with good history of tenants. Contact listing agent for rent roll, seller is willing to help you fill the only vacant unit prior to close so you take over a fully rented property. Two strong tenants staying in place. Opportunity for house hack if new owner wants to live in the vacant unit. Greeley remains affordable and nice places like this get strong tenants who can actually afford to pay their rent. Property is a large 9500sf CORNER (maybe Greeley would let you build another house or convert garage to coach house for additional income?)
Location
State CO
County Weld
Zoning triplex
Interior
Heating Baseboard,Forced Air
Flooring Tile
Laundry In Unit
Exterior
Garage Spaces 1.0
Fence Partial
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Martinez
Middle Schools Heath
High Schools Northridge
School District Greeley 6
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional