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1106 7th Ave

Greeley, CO 80631
  • $425,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 963196
UPDATED: 40 min ago
$425,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,526
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1884
County:

School Information

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

Description

1106 7th Avenue is located in Downtown Greeley, Colorado. This 4-unit property consists of one two-bedroom, one-bathroom unit, two one-bedroom, one-bathroom units and one studio unit. This is a full value-add opportunity for potential investors. This allows a new owner to come in and fully renovate each unit and raise rents. Each tenant is currently on a month-to-month lease with below market rents in place.

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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 Downtown Real Estate Brokers, LLC.. Data last updated: 2022-05-18T15:40:43.81.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1106 7th Ave Greeley, CO 80631

  • Price: $425,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 40 min ago
  • MLS #: 963196
3
Beds
0
Baths
0
½ Baths
0.16
Acres
3,526
SQFT
$121
$/SQFT
1884
Built
Neighborhood:
Greeley City
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Maplewood
Middle School:
Heath
High School:
Northridge
School District:
Greeley 6
Property Description
1106 7th Avenue is located in Downtown Greeley, Colorado. This 4-unit property consists of one two-bedroom, one-bathroom unit, two one-bedroom, one-bathroom units and one studio unit. This is a full value-add opportunity for potential investors. This allows a new owner to come in and fully renovate each unit and raise rents. Each tenant is currently on a month-to-month lease with below market rents in place.
Exterior Features

Construction Materials Vinyl Siding Horse YN No Levels Bi-Level Property Attached YN No Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Gas Range/OvenRefrigeratorFreezer Basement Unfinished Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 990 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Est Sq Ft 750 Unit2 Total Baths 1 Unit3 Bedrooms 0 Unit3 Est Sq Ft 500 Unit3 Total Baths 1

Property Features

Association YN No Cap Rate 7.37 Ditches Active YN No Electric ElectricXcel Exclusions Any And All Of The Tenants Personal Property. Gas Natural GasAtmos Gross Income 45030 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 31329 New Construction YN No Operating Expense 13701 Possible Use Multi-Family Property Condition Not NewPreviously Owned Special Listing Conditions Private Owner Tax Annual Amount 2271 Tax Year 2021 Tenant Pays None Unit1 Rent 950 Unit2 Rent 650 Unit3 Rent 520 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Greeley Zoning I-L

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Philip Dankner of Unique Properties: 303-321-5888.



© 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 Downtown Real Estate Brokers, LLC.. Data last updated: 2022-05-18T15:40:43.81.

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