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1315 12th Ave

Greeley, CO 80631
  • $1,560,000
  • STATUS: Active
  • ON SITE: 4 Days
  • MLS #: 965458
New On Site 4 Days Ago
UPDATED: 42 min ago
$1,560,000
  • 2
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,464
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Information

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

Description

Offering a true balance of turn key cashflow, coupled with opportunity for value add, this 8 unit multi-family investment will meet the palate of the investor's desired profile. Units 1,2,4,5 and 8 have been tastefully remodeled to include; kitchens, baths, flooring, doors as necessary, windows as necessary, base/case, electrical, plumbing. Not only has this property been improved cosmetically, but also includes new gutters and roof less than 4 years old, and two brand new, high energy efficient boilers at a value of roughly $50k. All units have an identical floorplan and appeal to the demographics of the area. "Through the wall" A/C available in some units. Shared laundry in the basement is also appealing to tenants while providing extra income for the owner. No vacancies to report except for when remodel work was being conducted. Please find finances and additional information in links. Located in proximity to UNC, JBS Plant, North Colorado Medical Center and Union Colony.

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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 Coldwell Banker Plains. Data last updated: 2022-05-18T17:40:56.593.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.nocohomesources.com/homes/128680279
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1315 12th Ave Greeley, CO 80631

  • Price: $1,560,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 42 min ago
  • MLS #: 965458
2
Beds
0
Baths
0
½ Baths
0.36
Acres
6,464
SQFT
$241
$/SQFT
1966
Built
Neighborhood:
Greeley City
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Maplewood
Middle School:
Heath
High School:
Greeley Central
School District:
Greeley 6
Property Description
Offering a true balance of turn key cashflow, coupled with opportunity for value add, this 8 unit multi-family investment will meet the palate of the investor's desired profile. Units 1,2,4,5 and 8 have been tastefully remodeled to include; kitchens, baths, flooring, doors as necessary, windows as necessary, base/case, electrical, plumbing. Not only has this property been improved cosmetically, but also includes new gutters and roof less than 4 years old, and two brand new, high energy efficient boilers at a value of roughly $50k. All units have an identical floorplan and appeal to the demographics of the area. "Through the wall" A/C available in some units. Shared laundry in the basement is also appealing to tenants while providing extra income for the owner. No vacancies to report except for when remodel work was being conducted. Please find finances and additional information in links. Located in proximity to UNC, JBS Plant, North Colorado Medical Center and Union Colony.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Direction Faces East Entry Location Outside Entry Fencing Partial Foundation Details Slab Horse YN No Levels Two Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLawn Sprinkler SystemLevelWithin City Limits Other Parking Parking Per Unit(1.5 Spaces/Unit) Other Structures Storage Patio And Porch Features Patio Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Legal Conforming View City Waterfront Features Abuts Stream/Creek/River Waterfront YN No

Interior Features

Accessibility Features Level Lot Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowaveDisposal Basement Partial25%+Finished Basement Cooling Room Air Conditioner Cooling YN Yes Heating Hot WaterRadiant Heating YN Yes Interior Features Satellite AvailHigh Speed InternetEat-in KitchenOpen FloorplanOutside Entry Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 808 Unit1 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.6 Community Features Extra Storage Ditches Active YN No Electric ElectricXcel Exclusions Tenant's Personal Property. Gas Natural GasAtmos Green Energy Efficient Hvac Gross Income 114599 Has Improvements No Has Water Rights No Income Includes Lease/RentsLaundry Listing Sub Status None Listing Terms CashConventionalExchange1031 Exchange Locale Greeley Net Operating Income 87396 New Construction YN No Operating Expense 27203 Possible Use Single FamilyMulti-Family Property Condition Not NewPreviously Owned Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 5377 Tax Year 2021 Tenant Pays DepositGasElectricity Unit1 Rent 1154 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Greeley Zoning Rh

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Nicholas Bukowski of Equity Colorado-Front Range: 303-416-8363.



© 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 Coldwell Banker Plains. Data last updated: 2022-05-18T17:40:56.593.

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