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2108 8th Ave

Greeley, CO 80631
  • $606,000
  • STATUS: Closed
  • ON SITE: 130 Days
  • ID#: 957502
Sold - 02/28/2022
$606,000
SOLD - 02/28/2022
  • 7
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,674
    SQFT
  • $227
    $/SQFT
Neighborhood:
Alta Vista Add
Type:
Multi-Family
Built:
1923
County:
Weld
Area:
10 Weld County (all)

School Information

Elementary School:
Brentwood
Middle School:
Brentwood
High School:
Greeley Central
School District:
Greeley 6
School Ratings & Info

Description

Great Investment Opportunity. Rare chance to own this 3 Unit Rental Within Steps of UNC Campus. 20 year owner. Income producing through first quarter 2024. Gross at $44k+/-. Near 1/4 acre lot provides ample off street parking. 3 car garage on property. Mineral rights will be transferred at sale. Owner pays utilities. Royalties offset $$ average $250 a month. Cottage metered separate 2108 1/2. Great potential to be had. Great asset to hold. Contact agent with any questions. God Bless.

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© 2022 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 iHomes Colorado. Data last updated: 2022-05-25T08:40:40.92.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.ihomescolorado.com/homes/124758687
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2108 8th Ave Greeley, CO 80631

  • Price: $626,000
  • Status: Closed
  • On Site: 130 Days
  • Updated: 15 min ago
  • ID#: 957502
7
Beds
0
Baths
0
½ Baths
0.22
Acres
2,674
SQFT
$227
$/SQFT
1923
Built
Neighborhood:
Alta Vista Add
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Brentwood
Middle School:
Brentwood
High School:
Greeley Central
School District:
Greeley 6
Property Description
Great Investment Opportunity. Rare chance to own this 3 Unit Rental Within Steps of UNC Campus. 20 year owner. Income producing through first quarter 2024. Gross at $44k+/-. Near 1/4 acre lot provides ample off street parking. 3 car garage on property. Mineral rights will be transferred at sale. Owner pays utilities. Royalties offset $$ average $250 a month. Cottage metered separate 2108 1/2. Great potential to be had. Great asset to hold. Contact agent with any questions. God Bless.
Exterior Features

Construction Materials Wood/FrameStucco Direction Faces West Fencing Partial Horse YN No Levels Two Lot Features Mineral Rights Included Other Parking Parking Per Unit(1 Space/Unit) Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Appliances Electric Range/OvenRefrigeratorWasherDryerSome AppliancesDisposal Basement Walk-Out Access Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes Interior Features High Speed Internet Laundry Features Washer/Dryer Hookups Living Area Source Other Unit1 Bedrooms 4 Unit1 Est Sq Ft 1242 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 856 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 576 Unit3 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.99 Ditches Active YN No Electric Electric Exclusions Cottage Home Washer And Dryer. Seller And Tenant Personal Property. Gas Natural Gas Gross Income 47134.2 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalVa Loan Locale Greeley Net Operating Income 37538.2 New Construction YN No Operating Expense 9596 Possible Use Multi-FamilyAdditional Units Property Condition Not NewPreviously Owned Property Sub Type Single Family Residence Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 2396 Tax Year 2020 Tenant Pays Deposit Unit1 Rent 1675 Unit2 Rent 1190 Unit3 Rent 850 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Greeley Zoning Res

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Ricky Johnson of Re/Max Alliance-Ftc South: 970-226-3990.



© 2022 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 iHomes Colorado. Data last updated: 2022-05-25T08:40:40.92.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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