$615,000
UNDER CONTRACT $135K PRICE DROP

Estimated payment $3,652/month

Total Views 6,750
8 Beds
8 Baths
3,796 Sq Ft
$162 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Air Conditioning
  • No HOA
  • Brick Veneer
  • Forced Air Heating System

About This Home

This fully-leased 4-plex is a solid investment opportunity, offering steady cash flow. Each unit is identical and features include - 2 Bedrooms with window/room air conditioning units; 1.5 Bathrooms; Fully Equipped Kitchen with refrigerator, dishwasher, and stove; Washer/Dryer Hookups for in-unit laundry; Patio off the kitchen; 2 parking spaces. Forced air heat for easy maintenance. The building is fully leased with tenants on year-long leases, and they cover all utilities. With luxury vinyl plank flooring installed between tenants, this property has been managed by 365 Real Property Management for the past 14 years. Don't miss out on this excellent cash-flowing investment with reliable management in place! Photos are of an identical unit in 1138 26th Ave, which has already sold.

Listing Agent

Rebecca Fishkin

Keller Williams Mountain Properties

Keller Williams Mountain Properties

Co-Listing Agent

Rod Fishkin

Keller Williams Mountain Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1970

Lot Details

  • 8,425 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,796 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Location

  • Mineral Rights Excluded

Schools

  • Scott Elementary School
  • Heath Middle School
  • Greeley Central High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R2130186

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Greeley Plaza Tr D Subdivision

Building Details

  • Gross Income $64,320
  • Net Operating Income $57,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,706

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 07576
  • Subdivision Name: Greeley Plaza Tr D
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: UnderContract
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Sidewalks, Mineral Rights Excluded, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Wood Siding
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, XCEL
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, ATMOS

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Scott
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: r-1
  • Lot Size Sq Ft: 8425
  • Parcel #: R2130186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Common Area Maintenance, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2706

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 64320
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6690

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2025 03/22/25 Price Changed $615,000 -5.4% $162 / Sq Ft
01/10/2025 01/10/25 Price Changed $650,000 -13.3% $171 / Sq Ft
11/08/2024 11/08/24 For Sale $750,000 -- $198 / Sq Ft
Source: IRES MLS

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Source: IRES MLS

MLS Number: 1022054

IRES MLS