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706 37th Ave

Greeley, CO 80634
  • $750,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 1022048
UPDATED: 31 min ago
$750,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,998
    SQFT
  • $188
    $/SQFT
Neighborhood:
Edwards Homes
Type:
Multi-Family
Built:
1971
County:
Weld
Area:
10 Weld County (all)

School Information

Elementary School:
Shawsheen
Middle School:
Heath
High School:
Northridge
School District:
Greeley 6
School Ratings & Info

Description

Looking for an income-generating property? This 4-plex offers an ideal blend of affordability and tenant appeal. Each unit offers 2 Bedrooms & 1.5 Bathrooms; Efficient Hot Water Heat keeping utility costs down; 2 parking spaces and access to a back patio area, adding value for tenants; Main floor inc a living room, eat-in kitchen, and a convenient half bath. Upstairs, you'll find two bedrooms, ceiling fans for added comfort, and a shared full bathroom. Each unit is equipped with window or room air conditioning units. Besides the monthly rent, tenants pay for all the utilities. Whether you're starting out in real estate investing or adding to your portfolio, this 4-plex offers great potential for consistent cash flow. Photos are of one of the units and the exterior of this and 700 37th Avenue, which is also available. Listed separately.

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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: 2024-12-12T23:41:25.503.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/157698823
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706 37th Ave Greeley, CO 80634

  • Price: $750,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 31 min ago
  • MLS #: 1022048
8
Beds
8
Baths
0
½ Baths
0.19
Acres
3,998
SQFT
$188
$/SQFT
1971
Built
Neighborhood:
Edwards Homes
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Shawsheen
Middle School:
Heath
High School:
Northridge
School District:
Greeley 6
Property Description
Looking for an income-generating property? This 4-plex offers an ideal blend of affordability and tenant appeal. Each unit offers 2 Bedrooms & 1.5 Bathrooms; Efficient Hot Water Heat keeping utility costs down; 2 parking spaces and access to a back patio area, adding value for tenants; Main floor inc a living room, eat-in kitchen, and a convenient half bath. Upstairs, you'll find two bedrooms, ceiling fans for added comfort, and a shared full bathroom. Each unit is equipped with window or room air conditioning units. Besides the monthly rent, tenants pay for all the utilities. Whether you're starting out in real estate investing or adding to your portfolio, this 4-plex offers great potential for consistent cash flow. Photos are of one of the units and the exterior of this and 700 37th Avenue, which is also available. Listed separately.
Exterior Features

Architectural Style Contemporary/Modern Construction Materials Wood/FrameBrick/Brick Veneer Exterior Features Lighting Horse YN No Levels Two Lot Features CurbsSidewalksMineral Rights ExcludedLevel Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level Lot Appliances Electric Range/OvenDishwasherRefrigerator Basement NoneCrawl Space Cooling Room Air ConditionerCeiling Fan(s) Cooling YN Yes Heating Forced Air Heating YN Yes Interior Features High Speed InternetEat-in Kitchen Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 999 Unit1 Total Baths 2 Unit2 Bedrooms 2 Unit2 Est Sq Ft 999 Unit2 Total Baths 2 Unit3 Bedrooms 2 Unit3 Est Sq Ft 999 Unit3 Total Baths 2 Unit4 Bedrooms 2 Unit4 Est Sq Ft 999 Unit4 Total Baths 2

Property Features

Association YN No Cap Rate 6.61 Ditches Active YN No Electric ElectricSeparate Meter ElectricityXCEL Exclusions Tenants Personal Property Gas Natural GasATMOS Gross Income 59520 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Greeley Net Operating Income 49558 New Construction YN No Number Of2 Bedroom Units 4 Operating Expense 9962 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 Owner Tax Annual Amount 3492 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewerCommon Area MaintenanceTrash Collection Unit1 Rent 1245 Unit2 Rent 1310 Unit3 Rent 1280 Unit4 Rent 1125 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity of Greeley Zoning RES

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Rebecca Fishkin of Keller Williams Mountain Properties: 9704492978.



© 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: 2024-12-12T23:41:25.503.

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