1218 8th Street, Greeley, CO 80631
Local realty services provided by:ERA New Age



1218 8th Street,Greeley, CO 80631
$420,000
- - Beds
- - Baths
- 2,011 sq. ft.
- Multi-family
- Active
Listed by:christina koder9703305000
Office:re/max alliance-greeley
MLS#:IR1039514
Source:ML
Price summary
- Price:$420,000
- Price per sq. ft.:$208.85
About this home
Fully Rented Downtown Greeley Tri-Plex = Great Investment Opportunity! SELLER IS OFFERING BUYER CONCESSIONS! The major items have been taken care of including TWO NEW FURNACES, THREE NEW WATER HEATERS, NEW ROOF AND GUTTERS IN 2024! Discover an excellent opportunity to own a versatile multi-unit property in the heart of downtown Greeley! Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1300/mo. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint that is currently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint, carpet, new kitchen counter tops and flooring and is currently rented for $1300/mo. THIS IS AN 8.23 CAP RATE! Updated GFCIs throughout. 3 separate meters. In addition, there is a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.
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Home facts
- Year built:1892
- Listing Id #:IR1039514
Rooms and interior
- Living area:2,011 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1892
- Building area:2,011 sq. ft.
- Lot area:0.13 Acres
Schools
- High school:Northridge
- Middle school:Franklin
- Elementary school:Martinez
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$420,000
- Price per sq. ft.:$208.85
- Tax amount:$1,730 (2024)
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