1218 8th ST new to site

Greeley,CO 80631

$ 395000

- Bed

- Bath

2011 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,011 sqft

Price per Sqft $196

Subdivision Greeley City

MLS Listing ID IR1047594

Year Built 1892

Annual Tax Amount $1,730

Tax Year 2024

Lot Size 5,750 Sqft

Property Sub-Type Triplex

Property Description

Fantastic triplex investment opportunity in Downtown Greeley! Major improvements are already done, including two new furnaces, three new water heaters, and a new roof in 2024-making this a low-maintenance, high-performing addition to your portfolio. Discover an excellent opportunity to own a versatile multi-unit property proving the following rents: Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1300/mo. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint recently rented for $1050/mo-currently vacant. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint, carpet, new kitchen counter tops and flooring and is currently rented for $1300/mo. THIS IS AN 8.41 CAP RATE! Updated GFCIs throughout. 3 separate meters. In addition, there is a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.

Location

State CO

County Weld

Zoning RES

Interior

Heating Forced Air

Equipment Satellite Dish

Exterior

Fence Fenced

Utilities Available Cable Available,Electricity Available,Internet Access (Wired),Natural Gas Available

Roof Type Composition

Building

Lot Description Sprinklers In Front

Sewer Public Sewer

Water Public

Structure Type Wood Siding

Schools

Elementary Schools Maplewood

Middle Schools Franklin

High Schools Northridge

School District Greeley 6

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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