Residential Income for Sale: 1825 7th #Various, Greeley, CO 80631

6 beds
3 baths
3,008 sqft
mls #1021960
$650,000
$650,000
1825 7th #Various, Greeley, CO 80631
6 beds
3 baths
3,008 sqft
mls #1021960
$650,000
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Price:
$650,000

Type Residential Income
Beds 6
Total Baths 3 baths
Square Feet 3,008 sqft
Lot Size 0.22 acres
Year Built 1910

City Greeley
County Weld
School District Greeley 6
Subdivision Arlington Heights

MLS 1021960
Status Active
DOM 15 days
The Arlington Heights multi-unit house is conveniently located 1 block from the UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD,1 BTH, One 1 BD, 1 BTH non-conforming rear entry main floor unit, and One 2 BD, 1 BTH basement unit. Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall average rent of $750 per bedroom, detached parking garage separately leased for $150/month, and pet rent of $35/month. Financial Summary: 7.5% Annual all cash return (Cap rate) and excellent 12.0 year return of purchase price to annual gross rents (Gross Rent Multiple). Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. Unit(s) include central air, ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. Unit(s) include 2 door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica and solid surface counters, and laminate wood flooring. Location Amenities: Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment.

Room Features

Exterior Features Lighting
Interior Features Walk-In Closet(s)
Basement Full

Lot & Building Features

Appliances Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Heating Forced Air, Individual Heat Source
Cooling Central Air, Ceiling Fan(s)
Parking Alley Access
Sewer City Sewer
Tax Year 2024
Water City Water, City of Greeley
Interior Walk-In Closet(s)
Exterior Lighting
Fireplace Single Fireplace
Lot Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet

Community and Schools

Elementary School Maplewood, Monfort
Junior High School Heath
Senior High School Greeley Central

Unit Features

Unit 1 - DS Bedrooms 3
Unit 1 - DS Rent 2050
Unit 1 - DS Total Baths 1
Unit 2 - DS Bedrooms 1
Unit 2 - DS Rent 1100
Unit 2 - DS Total Baths 1
Unit 3 - DS Bedrooms 2
Unit 3 - DS Rent 1350
Unit 3 - DS Total Baths 1

Price History of 1825 7th, Greeley, CO

Date Name Price Difference
11/07/2024 Listing Price $650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Map of 1825 7th, Greeley, CO

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Listed by LC Real Estate Group, LLC, Wayne Lewis & Dallas Landry 303-588-8808
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1825 7th (MLS #1021960) is a residential income listing located in Greeley, CO. This residential income listing is 3,008 sqft and on a lot of 9,500 sqft (or 0.22 acres) with 6 bedrooms, 3 baths and is 114 years old. This property was listed on 11/07/2024 and has been priced for sale at $650,000.

Nearby zip codes are 80534, 80610, 80620, 80634 and 80645. This property neighbors other cities such as Ault, Evans, Garden City, Johnstown and La Salle.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: LC Real Estate Group, LLC

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES 2024