517 8th St Unit Various Greeley, CO 80631
Sunrise NeighborhoodEstimated payment $5,459/month
Total Views
6,819
5
Beds
3
Baths
7,948
Sq Ft
$101
Price per Sq Ft
Highlights
- No HOA
- Level Lot
- Wood Siding
- Space Heater
About This Home
Mixed Commercial/Residential building conveniently located two blocks from 8th Avenue. Walking distance to Lincoln Park. Proximity to key amenities, public transportation, and downtown. 2 commercial spaces, one 2500 sf currently leased as a church and second is 2700 sf leased as a retail home goods. 3 residential units - one single family home and two apartments above the commercial spaces. Industrial Medium Intensity allows for broad set of commercial and industrial uses. Residential spaces enhance the property's versatility, attracting potential tenants seeking a convenient and vibrant urban lifestyle. Combination of commercial and residential units ensures income diversification, reducing risk and increasing investment stability. Proximity to Downtown Greeley and continued reinvestment in the area should benefit the long term potential of this property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,931
Year Built
- Built in 1919
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
Parking
- Alley Access
Home Design
- Wood Frame Construction
- Tar and Gravel Roof
- Wood Siding
- Stucco
Interior Spaces
- 7,948 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Schools
- Maplewood Elementary School
- Heath Middle School
- Greeley Central High School
Additional Features
- Exterior Lighting
- Space Heater
Community Details
Overview
- No Home Owners Association
- 5 Units
- Greeley City Subdivision
Building Details
- Gross Income $106,794
- Net Operating Income $71,737
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 | $673 | $12,010 | $1,350 | $10,660 |
| 2023 | $673 | $12,120 | $1,360 | $10,760 |
| 2022 | $902 | $10,340 | $850 | $9,490 |
| 2021 | $930 | $10,630 | $870 | $9,760 |
| 2020 | $808 | $9,270 | $610 | $8,660 |
| 2019 | $810 | $9,270 | $610 | $8,660 |
| 2018 | $475 | $5,730 | $500 | $5,230 |
| 2017 | $477 | $5,730 | $500 | $5,230 |
| 2016 | $178 | $2,400 | $340 | $2,060 |
| 2015 | $177 | $2,400 | $340 | $2,060 |
| 2014 | $147 | $1,940 | $340 | $1,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | For Sale | $800,000 | -- | $101 / Sq Ft |
Source: IRES MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | Wtg | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $45,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,000 | New Conventional | |
| Closed | $0 | New Conventional | |
| Closed | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $33,750 | No Value Available |
Source: Public Records
Similar Home in Greeley, CO
Source: IRES MLS
MLS Number: 1026285
APN: R2841086
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