$1,199,900
$99K PRICE DROP

Estimated payment $7,179/month

Total Views 7,960
12 Beds
8 Baths
9,072 Sq Ft
$132 Price per Sq Ft

Highlights

  • No HOA
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • Fireplace

About This Home

Awesome investment opportunity in a great location!! This updated brick 4-plex has been well taken care of and offers great returns ( All units are rented with awesome tenants). Rents for units A,B,D are all below market with opportunity to increase revenue. Unit C rent is $1950. Each unit features the same floor plan, a bright and open main floor with a fireplace and half bathroom, 3 bedrooms and a spacious bathroom upstairs and a large unfinished basement with a great layout. Each unit is over 2200 sq ft with an attached garage, patio and outdoor space, all surrounded my mature landscaping! Unit C is most updated, however the rest of the units are in great move-in ready condition. Value added opportunity and instant equity is to have units deeded separately, with current individual units of similar size selling between $360k-380k+, reach out for more details. Great location, close to multiple parks, the university, hospitals, shopping and easy access to the hwy 34.

Listing Agent

Ifiok Udowana

Hitch Realty LLC

Co-Listing Agent

Simenah Menso Udowana

Hitch Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,943

Year Built

  • Built in 1983

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 9,072 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Schools

  • Meeker Elementary School
  • Prairie Heights Middle School
  • Greeley West High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • 0.3 Acre Lot
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number R2363386

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cascade Park 3Rd Add 1St Rplt Subdivision

Building Details

  • Gross Income $94,200
  • Net Operating Income $76,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,943

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: HTCHR
  • Subdivision Name: CASCADE PARK 3RD ADD 1ST RPLT
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator
  • Has Basement: Full, Unfinished
  • Total Bedrooms: 12
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Mineral Rights Excluded
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Separate Meter Electricity
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Separate Meter Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Meeker
  • HighSchool: Greeley West
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Prairie Heights

Lot Info

  • Zoning: Multi
  • Lot Size Sq Ft: 13051
  • Parcel #: R2363386
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5943

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 94200
  • Annual Operating Expense: 17883

Map

Range of Values:

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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
04/10/2025 04/10/25 Price Changed $1,199,900 -3.9% $132 / Sq Ft
03/19/2025 03/19/25 Price Changed $1,249,000 -3.8% $138 / Sq Ft
03/10/2025 03/10/25 For Sale $1,299,000 -- $143 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1028110

IRES MLS

APN: R2363386