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1806 8th Ave, Greeley, CO 80631
$500,000
1806 8th Ave, Greeley, CO 80631View this property at 1806 8th Ave, Greeley, CO 80631
1806 8th AveGreeleyCO80631
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Property Description
PRIME UNIVERSITY OF NORTHERN COLORADO MULTI FAMILY INCOME PROPERTY. CASH FLOW OPPORTUNITY - 5.7% Cap rate! Over 3,000 finished sqft and a total of 7 beds and 4 baths. Up-down style duplex with both units metered separately for electric and gas. Unit 1- 4 bed, 2 bath - rented for 1 year at $1,850 per month w/tenants paying gas and electric. Unit 2- 3 bed, 2 bath - rented month-to-month at $995 per month w/tenants paying gas and electric. Annual insurance premium is $1,392. Owner pays water and trash, averaging $221/month. Coin operated laundry on site for additional income. Situated only 40 feet from UNC campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center will appeal to a variety of potential tenants. Offering a sprinklered yard, spacious lot, alley access, and reserved off-street parking adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements.
Full Property Details
Full Property Details for 1806 8th Ave
General
- Sold For: $500,000
- Taxes: $2,105 (2021)
- Status: Closed
- Type: Single Family
- MLS ID: 961461
- Added to Site: 764 day(s) ago
Interior
- Interior Features: Satellite Avail, Eat-In Kitchen, Loft, Outside Entry
- Fireplace: Yes
- Fireplace(s): Single Fireplace
- Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
- Flooring: Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Washer/Dryer Hookups
Parking
- Parking Features: Alley Access
Location
- Area: Greeley
- County: Weld
- Subdivision: Arlington Heights
School Information
- School District: Greeley 6
- Elementary School: Cameron
- Middle School: Heath
- High School: Greeley Central
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Gas: Natural Gas, Atmos
- Sewer: City Sewer
- Water: City Water, City Of Greeley
Structural Information
- Exterior Const.: Wood/Frame, Brick/Brick Veneer
- Basement Desc.: Full, 90%+ Finished Basement, Sump Pump
- Stories/Levels: Two
- Square Feet: 3,164
- Year Built: 1915
Lot Features
- Property View: City
- Lot Size (Acres): 0.16
- Lot Dimensions: 6900
- Frontage: City Street
- Street/Road Desc.: Paved, Asphalt
- Lot Features: Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Mineral Rights Excluded, Level, Within City Limits
- Best Use: Single Family, Multi-Family
- Zoning: RH
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $2,105
- Tax Year: 2021
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.8%
- Exclusions: Tenant's personal property.
Listed by Equity Colorado-Front Range (303) 416-8363
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Schools
Schools serving 1806 8th Ave
School District:Weld County School District 6
Rating | Name | Grades | Distance |
---|---|---|---|
1201 21st Ave, Greeley, CO 80631 | K-5 | 1.3 mi | |
2223 16th St, Greeley, CO 80631 | 6-8 | 1.3 mi | |
1515 14th Ave, Greeley, CO 80631 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1806 8th Ave
Date
Details
Price
Change
Source
5/03/2022
Sold
$500,000
—
MLS
3/24/2022
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1806 8th Ave, Greeley, CO 80631 (MLS# 961461) is a Single Family property that was sold at $500,000 on May 03, 2022. Want to learn more about 1806 8th Ave? Do you have questions about finding other Single Family real estate for sale in Greeley? You can browse all Greeley real estate or contact a Coldwell Banker agent to request more information.