1218 8th St Active Save Request In-Person Tour Request Virtual Tour
Greeley,CO 80631
Key Details
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Square Footage 2,011 sqft
Price per Sqft $196
Subdivision Greeley City
MLS Listing ID 1047594
Bedrooms 4
Year Built 1892
Annual Tax Amount $1,730
Lot Size 5,662 Sqft
Property Sub-Type Attached Dwelling
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
Area Greeley/Weld
Zoning RES
Rooms
Other Rooms Storage
Interior
Heating Forced Air
Exterior
Exterior Feature Lighting
Parking Features Alley Access
Fence Fenced,Wood,Chain Link
Utilities Available Natural Gas Available,Electricity Available,Cable Available
Roof Type Composition
Building
Lot Description Curbs,Gutters,Sidewalks,Lawn Sprinkler System
Story 2
Sewer City Sewer
Water City Water,City of Greeley
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Maplewood
Middle Schools Franklin
High Schools Northridge
School District Greeley 6
Others
Special Listing Condition Private Owner