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1734 7th Ave

Greeley, CO 80631
  • $374,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 1018575
$374,000
  • 6
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,032
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

UNC Campus Investment Opportunity - 6.45% CAP RATE! Currently rented for $2300/mo + $470 for utilities and leased through 5/15/25, the property ensures a steady income stream with immediate rental income. This investment gem features 6 bedrooms, 2 bathrooms, a large kitchen, living area, & garden level basement with in-unit laundry. Tenants love the 2-car detached garage with a concrete driveway out back, long driveway out front & plenty of off-street parking to help accommodate multiple cars. New roof in 2020, water heater in 2023 and furnace in 2018. Only 2 blocks away from campus, restaurants, & less than a 5 min drive to Downtown Greeley.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-10-12T23:41:09.41.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/155142562
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1734 7th Ave Greeley, CO 80631

  • Price: $374,000
  • Status: Active
  • On Site: 29 Days
  • MLS #: 1018575
6
Beds
2
Baths
0
½ Baths
0.22
Acres
2,032
SQFT
$184
$/SQFT
1910
Built
Neighborhood:
Arlington Heights
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Maplewood
Middle School:
Heath
High School:
Greeley Central
School District:
Greeley 6
Property Description
UNC Campus Investment Opportunity - 6.45% CAP RATE! Currently rented for $2300/mo + $470 for utilities and leased through 5/15/25, the property ensures a steady income stream with immediate rental income. This investment gem features 6 bedrooms, 2 bathrooms, a large kitchen, living area, & garden level basement with in-unit laundry. Tenants love the 2-car detached garage with a concrete driveway out back, long driveway out front & plenty of off-street parking to help accommodate multiple cars. New roof in 2020, water heater in 2023 and furnace in 2018. Only 2 blocks away from campus, restaurants, & less than a 5 min drive to Downtown Greeley.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Levels One Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerDisposal Basement FullPartially Finished Fireplace Features Single Fireplace Fireplace YN Yes Heating Forced Air Heating YN Yes Interior Features Satellite AvailEat-in Kitchen Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 6 Unit1 Est Sq Ft 2032 Unit1 Total Baths 2

Property Features

Association YN No Cap Rate 6.44 Ditches Active YN No Electric ElectricXcel Energy Exclusions Seller & Tenant's Personal Property Gas Natural GasAtmos Energy Gross Income 33240 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 24108 New Construction YN No Operating Expense 9132 Possible Use Single Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 1939 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 2770 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity of Greeley Zoning SFR

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of The Galbate Team of Group Harmony: 9706314038.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-10-12T23:41:09.41.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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2021 Clubhouse Dr. Suite 100
Greeley CO, 80634