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401 11th Ave

Greeley, CO 80631
  • $1,200,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 976094
Price Reduced
UPDATED: 36 min ago
$1,200,000
  • 9
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,043
    SQFT
  • $297
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Hard to find stabilized income property! 6 of the 7 units in this fully renovated multifamily property are rented! Property consists of a 5-unit apartment building & 2 houses. New kitchens, baths, flooring, paint, fixtures, windows, roofs, & more! Brand new coin-op laundry for extra income. There are three one bedroom, a 2 bedroom & a 3 bedroom unit in the apartment building. One house has 3 bedrooms & the other house is a studio. The studio (small house on corner) unit was left open for showings but could be rented very easily.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-12-02T23:42:36.947.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/133410352
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401 11th Ave Greeley, CO 80631

  • Price: $1,200,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 36 min ago
  • MLS #: 976094
9
Beds
0
Baths
0
½ Baths
0.41
Acres
4,043
SQFT
$297
$/SQFT
1930
Built
Neighborhood:
Greeley City
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Martinez
Middle School:
Franklin
High School:
Northridge
School District:
Greeley 6
Property Description
Hard to find stabilized income property! 6 of the 7 units in this fully renovated multifamily property are rented! Property consists of a 5-unit apartment building & 2 houses. New kitchens, baths, flooring, paint, fixtures, windows, roofs, & more! Brand new coin-op laundry for extra income. There are three one bedroom, a 2 bedroom & a 3 bedroom unit in the apartment building. One house has 3 bedrooms & the other house is a studio. The studio (small house on corner) unit was left open for showings but could be rented very easily.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Direction Faces East Fencing Partial Horse YN No Lot Features CurbsGuttersSidewalksMineral Rights ExcludedCorner LotLevelWithin City Limits Other Parking Parking Per Unit(1.5 Spaces/Unit) Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level LotLevel Drive Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowave Basement None Heating Forced AirBaseboard Heating YN Yes Interior Features High Speed Internet Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Est Sq Ft 936 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Total Baths 1 Unit4 Bedrooms 3 Unit4 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 6.85 Ditches Active YN No Electric ElectricXcel Exclusions Mineral Rights Gas Natural GasAtmos Gross Income 92280 Has Improvements No Has Water Rights No Income Includes Lease/RentsLaundry Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 82222 New Construction YN No Operating Expense 10058 Possible Use Single FamilyMulti-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 4058 Tax Year 2021 Tenant Pays Deposit Unit1 Rent 1450 Unit2 Rent 950 Unit3 Rent 1100 Unit4 Rent 1300 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Greeley Zoning Rm

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Justin Gesso of Blue Steel Real Estate, Inc.: 9704515606.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-12-02T23:42:36.947.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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