1525 11th Ave Greeley, CO 80631
Cranford NeighborhoodEstimated payment $3,871/month
Total Views
5,828
7
Beds
4
Baths
3,624
Sq Ft
$179
Price per Sq Ft
Highlights
- Main Floor Bedroom
- Patio
- Forced Air Heating System
- No HOA
- Outdoor Storage
- High Speed Internet
About This Home
GREAT INVESTMENT OPPORTUNITY!! Multi-unit house that can offer up to 8 Bedrooms that is just 3 blocks from UNC Campus. The property was just recently updated in Jan 2025 with all new electrical, new carpet, new LVP, new paint, new coin operated washer and dryer, new house furnace, new additional heating system in Unit 4 and some various new windows. Other previous and somewhat recent improvements, include a newer roof with class 4 shingles and a Sewer line replaced in 2023. Unit 1 (3 BD/1BT), located on the main floor and has its own front entrance with a large private covered porch. Unit 2 (1BD/1BT) and Unit 3 (2BD/1BT) are basement units with a shared exterior entry for both units. Unit 4 (1BD/1BT could also be used as a 2BD) is on the second level and and has its own private exterior entrance. Additionally, there is a large oversized 2 car detached garage that can allow for additional income and is currently rented. Overall, there are 7 parking spaces, not including the garage or on-street parking. Tenants are charged a flat fee for utilities which is included in rent. Potential NOI will be about $55K with Gross Income of $70K, leaving a CAP RATE of about 8.3 and GRM 9.3Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment. Easy access to HWY34 and HWY85.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,918
Year Built
- Built in 1916
Lot Details
- 9,583 Sq Ft Lot
- East Facing Home
- Level Lot
- Sprinkler System
Parking
- Alley Access
Home Design
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 3,624 Sq Ft Home
- 2-Story Property
- Window Treatments
Kitchen
- Gas Oven or Range
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
- Primary bathroom on main floor
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Maplewood Elementary School
- Heath Middle School
- Greeley Central High School
Utilities
- Forced Air Heating System
- High Speed Internet
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number R3078086
Community Details
Overview
- No Home Owners Association
- 4 Units
- Seaman & Cranfords Sub Of E2 B156&161 Subdivision
Building Details
- Gross Income $69,300
- Net Operating Income $52,412
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,783 | $38,100 | $4,460 | $33,640 |
| 2023 | $2,783 | $38,470 | $4,500 | $33,970 |
| 2022 | $2,461 | $28,220 | $3,290 | $24,930 |
| 2021 | $2,595 | $29,670 | $3,460 | $26,210 |
| 2020 | $2,305 | $26,440 | $2,850 | $23,590 |
| 2019 | $2,311 | $26,440 | $2,850 | $23,590 |
| 2018 | $1,545 | $18,660 | $2,600 | $16,060 |
| 2017 | $1,554 | $18,660 | $2,600 | $16,060 |
| 2016 | $1,045 | $14,120 | $2,310 | $11,810 |
| 2015 | $1,041 | $14,120 | $2,310 | $11,810 |
| 2014 | $1,024 | $13,550 | $1,780 | $11,770 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | For Sale | $650,000 | -- | $179 / Sq Ft |
Source: IRES MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | Land Title Guarantee Co | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $235,000 | Stewart Title | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | New Conventional | |
| Previous Owner | $221,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $188,000 | No Value Available |
Source: Public Records
Similar Homes in Greeley, CO
Source: IRES MLS
MLS Number: 1029227
APN: R3078086
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