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616 18th St

Greeley, CO 80631
  • $789,500
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 1024883
UPDATED: 9 min ago
$789,500
  • 8
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,248
    SQFT
  • $243
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Information

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

Description

Fully occupied and highly coveted 4plex only a block from UNC campus! This multifamily has been completely renovated and ready for new ownership! Each unit has been renovated inside and is ready to take advantage of the hot rental market. Located in one of the most desirable college rental markets walking distance to UNC. This building commands great rental income with very low vacancy rates.

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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: 2025-03-16T12:41:23.153.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/159595655
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616 18th St Greeley, CO 80631

  • Price: $789,500
  • Status: Active
  • On Site: 54 Days
  • Updated: 9 min ago
  • MLS #: 1024883
8
Beds
4
Baths
0
½ Baths
0.1
Acres
3,248
SQFT
$243
$/SQFT
1954
Built
Neighborhood:
Arlington Heights
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Cameron
Middle School:
Heath
High School:
Greeley Central
School District:
Greeley 6
Property Description
Fully occupied and highly coveted 4plex only a block from UNC campus! This multifamily has been completely renovated and ready for new ownership! Each unit has been renovated inside and is ready to take advantage of the hot rental market. Located in one of the most desirable college rental markets walking distance to UNC. This building commands great rental income with very low vacancy rates.
Exterior Features

Architectural Style Contemporary/Modern Construction Materials Wood/Frame Exterior Features Lighting Horse YN No Levels Bi-Level Lot Features CurbsGuttersSidewalks Other Parking Parking Per Unit(1 Space/Unit) Property Attached YN Yes Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowave Basement None Heating Forced Air Heating YN Yes Interior Features Eat-in KitchenOpen Floorplan Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 812 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 812 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 763 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 763 Unit4 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 7.28 Ditches Active YN No Electric ElectricXcel Exclusions Tenant's Personal Property Gas Natural GasAtmos Gross Income 63960 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalFHAVA Loan1031 Exchange Locale Greeley Net Operating Income 57504.38 New Construction YN No Number Of2 Bedroom Units 4 Operating Expense 6455.62 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 3829.62 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewer Unit1 Rent 1445 Unit2 Rent 1331 Unit3 Rent 1295 Unit4 Rent 1295 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Greeley Zoning Multi-Res

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Luke Angerhofer of Prestigio Real Estate: 3038982589.



© 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: 2025-03-16T12:41:23.153.

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