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1128 6th St , 1-3

Greeley, CO 80631
  • $430,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • MLS #: 950477
Under Contract
$430,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,330
    SQFT
  • $185
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Multifamily fully leased investment property zoned as a legal triplex in the heart of Greeley. Each unit has 2 bed and 1 full bath. Quiet street and corner lot, close to Island Grove Park and Schools. Unit 3 has been updated with new cabinets and flooring. Unit 1 needs some love. Tenants would like to stay, 1 is on a year lease through June 2022 and other 2 units are on month to month and have had 0% vacancy rate for past 3 years. Tenants pay some utilities. New boiler (2010), new roof (2013), new automatic sprinkler system (2017). Showings are restricted due to tenant occupancy. Open House for Investors Friday 9/10 1-4pm.

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© 2021 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 Kittle Real Estate. Data last updated: 2021-10-23T23:41:30.6.
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1128 6th St , 1-3 Greeley, CO 80631

  • Price: $430,000
  • Status: Active Under Contract
  • MLS #: 950477
6
Beds
0
Baths
0
½ Baths
0.12
Acres
2,330
SQFT
$185
$/SQFT
1910
Built
Neighborhood:
Greeley City
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Martinez
Middle School:
Franklin
High School:
Northridge
School District:
Greeley 6
Property Description
Multifamily fully leased investment property zoned as a legal triplex in the heart of Greeley. Each unit has 2 bed and 1 full bath. Quiet street and corner lot, close to Island Grove Park and Schools. Unit 3 has been updated with new cabinets and flooring. Unit 1 needs some love. Tenants would like to stay, 1 is on a year lease through June 2022 and other 2 units are on month to month and have had 0% vacancy rate for past 3 years. Tenants pay some utilities. New boiler (2010), new roof (2013), new automatic sprinkler system (2017). Showings are restricted due to tenant occupancy. Open House for Investors Friday 9/10 1-4pm.
Exterior Features

Construction Materials Wood/Frame Direction Faces North Exterior Features Lighting Fencing Other Horse YN No Levels Two Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLawn Sprinkler SystemMineral Rights ExcludedCorner LotLevelWithin City Limits Other Parking Parking Per Unit(Less Than 1) Other Structures Storage Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Legal Conforming Waterfront YN No

Interior Features

Accessibility Features Level LotLow CarpetMain Floor BathMain Level Bedroom Appliances Electric Range/OvenRefrigerator Basement Partial Fireplace Features None Fireplace YN No Heating Hot Water Heating YN Yes Interior Features Eat-In Kitchen Living Area Source Other Unit1 Bedrooms 2 Unit1 Est Sq Ft 810 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 877 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 643 Unit3 Total Baths 1 Window Features Wood Frames

Property Features

Association YN No Cap Rate 5.95 Electric ElectricXcel Exclusions Seller/Tenant Personal Property Gas Natural GasAtmos Gross Income 37866 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventionalVa Loan1031 Exchange Locale Greeley Net Operating Income 25617.82 New Construction YN No Operating Expense 12248.18 Possible Use Multi-Family Property Condition Not NewPreviously Owned Senior Community YN No Sewer City Sewer Tax Annual Amount 1391 Tax Year 2020 Tenant Pays DepositGasTrash Collection Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Greeley Zoning Rm

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Amilyn Stange of C3 Real Estate Solutions, Llc.



© 2021 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 Kittle Real Estate. Data last updated: 2021-10-23T23:41:30.6.
 
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