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229 15th St

Greeley, CO 80631
  • $1,750,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 1023417
UPDATED: 61 min ago
$1,750,000
  • 16
    BEDS
  • 0.44
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 3,040
    SQFT
  • $576
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Information

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

Description

Properties like this do not come up for sale often! 8 apartments with 2 beds, and 2 baths each plus 16 garages and 12 storage units! The property has a new roof, and most of the units are updated with new windows, paint, appliances, and more. Currently each apartment comes with a 1 car garage and storage unit. 8 two car garages are rented separately. All the tenants have been gone through background and credit checks. There is room to raise rents on most of the units. Coin-op laundry brings in additional income.

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© 2025 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: 2025-03-27T18:42:11.133.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/158739713
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229 15th St Greeley, CO 80631

  • Price: $1,750,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 61 min ago
  • MLS #: 1023417
16
Beds
16
Baths
0
½ Baths
0.44
Acres
3,040
SQFT
$576
$/SQFT
1985
Built
Neighborhood:
Deubachs
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Maplewood
Middle School:
Heath
High School:
Northridge
School District:
Greeley 6
Property Description
Properties like this do not come up for sale often! 8 apartments with 2 beds, and 2 baths each plus 16 garages and 12 storage units! The property has a new roof, and most of the units are updated with new windows, paint, appliances, and more. Currently each apartment comes with a 1 car garage and storage unit. 8 two car garages are rented separately. All the tenants have been gone through background and credit checks. There is room to raise rents on most of the units. Coin-op laundry brings in additional income.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Fencing Partial Horse YN No Levels Bi-Level Lot Features CurbsGuttersSidewalksLawn Sprinkler SystemMineral Rights ExcludedCorner LotLevelWithin City Limits Parking Features Alley Access Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Accessibility Features Accessible Approach with RampMain Floor BathMain Level Bedroom Appliances Electric Range/OvenDishwasherRefrigerator Basement None Cooling Room Air Conditioner Cooling YN Yes Heating Hot Water Heating YN Yes Interior Features High Speed Internet Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 760 Unit1 Total Baths 2 Unit2 Bedrooms 0 Unit2 Total Baths 0 Window Features Window Coverings

Property Features

Association YN No Cap Rate 7.66 Ditches Active YN No Electric ElectricSeparate Meter Electricity Exclusions Mineral rightsTenant's person property Gas Natural Gas Gross Income 148800 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 133997 New Construction YN No Number Of2 Bedroom Units 8 Operating Expense 14803 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private OwnerLicensed Owner Tax Annual Amount 6202 Tax Year 2023 Tenant Pays DepositElectricity Unit1 Rent 1300 Unit2 Rent 250 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Greeley Zoning RH

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Mark Ferguson of Blue Steel Real Estate, Inc.: 9704515606.



© 2025 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: 2025-03-27T18:42:11.133.

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