929 5th St

Description

Investors! First of 3 multifamily properties being sold as a package for a discount or independently. This triplex has $35000 rental income per year from this triplex in very good condition with great returns. Main level, upstairs and lower level are nicely updated but the house retains many of the original charming features including hardwood flooring and woodwork. The basement has its private entrance, nice tile and livable. Vacancy rate is almost zero, very easy to find good tenants who stay a long time. Contact the agent for rent roll. Greeley is affordable and nice properties like this get strong tenants who can afford the rent. Property is on a massive 9500sf corner lot and it's possible Greeley would let you build another house or convert the non usable garage to a coach house for additional income. The second triplex is just blocks away with higher rent roll for larger units. The third unit is a duplex, all in good condition with a possibility to use owner carry terms.