1218 8th Street, Greeley, CO 80631
Local realty services provided by:ERA Shields Real Estate
1218 8th Street,Greeley, CO 80631
$395,000
- - Beds
- - Baths
- 2,011 sq. ft.
- Multi-family
- Active
Listed by: christina koder9703305000
Office: re/max alliance-greeley
MLS#:IR1047594
Source:ML
Price summary
- Price:$395,000
- Price per sq. ft.:$196.42
About this home
Fantastic triplex investment opportunity in Downtown Greeley! Major improvements are already done, including two new furnaces, three new water heaters, and a new roof in 2024-making this a low-maintenance, high-performing addition to your portfolio. Discover an excellent opportunity to own a versatile multi-unit property proving the following rents: 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 recently 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 8.41 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 #:IR1047594
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:Maplewood
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$196.42
- Tax amount:$1,730 (2024)
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