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1817 28th St

Greeley, CO 80631
  • $2,100,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 1019760
UPDATED: 24 min ago
$2,100,000
  • 10
    BEDS
  • 0.61
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 10,692
    SQFT
  • $196
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

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

Description

Discover a prime investment opportunity with this meticulously maintained 12-plex apartment building featuring a consistent rental history and a strong tenant base. With a proven track record of high occupancy rates, this building has demonstrated reliable cash flow and offers an attractive return on investment. Units have been updated with all interior doors, sliding glass patio doors, all new JELD-WEN windows, updated decks and railings, updated interior and exterior paint, and carpet. Units on the lower level have ceramic tile throughout. Brick exterior for low maintenance. All units have central air/heat, and there is a coin-operated washer and dryer for tenant use and extra income. Two large parking lots provide ample parking for tenants and guests.

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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: 2024-10-10T10:41:18.323.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/156113045
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1817 28th St Greeley, CO 80631

  • Price: $2,100,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 24 min ago
  • MLS #: 1019760
10
Beds
5
Baths
0
½ Baths
0.61
Acres
10,692
SQFT
$196
$/SQFT
1971
Built
Neighborhood:
Hillside
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Jackson
Middle School:
Brentwood
High School:
Greeley Central
School District:
Greeley 6
Property Description
Discover a prime investment opportunity with this meticulously maintained 12-plex apartment building featuring a consistent rental history and a strong tenant base. With a proven track record of high occupancy rates, this building has demonstrated reliable cash flow and offers an attractive return on investment. Units have been updated with all interior doors, sliding glass patio doors, all new JELD-WEN windows, updated decks and railings, updated interior and exterior paint, and carpet. Units on the lower level have ceramic tile throughout. Brick exterior for low maintenance. All units have central air/heat, and there is a coin-operated washer and dryer for tenant use and extra income. Two large parking lots provide ample parking for tenants and guests.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Exterior Features Balcony Horse YN No Levels Two Lot Features CurbsGuttersSidewalksLawn Sprinkler SystemMineral Rights Excluded Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features PatioDeck Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedAsphalt Roof CompositionFlat Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowaveAll Appliances Basement FullPartially FinishedDaylight Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 890 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 890 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 890 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 890 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 7.13 Ditches Active YN No Electric ElectricSeparate Meter ElectricityXcel Exclusions Mineral RightsTenants Personal Property Gas Natural GasSeparate Meter GasAtmos Gross Income 173232.91 Has Improvements No Has Water Rights No Income Includes Lease/RentsLaundry Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Greeley Net Operating Income 149820.91 New Construction YN No Operating Expense 23412 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 9845 Tax Year 2023 Tenant Pays DepositGasElectricity Unit1 Rent 1200 Unit2 Rent 1300 Unit3 Rent 1100 Unit4 Rent 1200 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterGreeley Zoning R-H

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Cathy Cowles of Sears Real Estate: 9703307700.



© 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: 2024-10-10T10:41:18.323.

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