$395,000

1218 8th Street, Greeley, CO 80631

  • 2,011 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1892
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $196/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
RE/MAX Alliance-Greeley : 9703305000
Listing Agent:
Christina Koder : 970-330-5000
MLS ID:
IR1047594
  • General: Eat-in Kitchen
  • Appliances: OvenRefrigerator
  • Basement: PartialUnfinished
  • Heating: Forced Air
  • Other Structures: Deck
  • Roofing: Composition
  • General: Two
  • Road/Access: Public
  • Originating MLS: recolorado
  • School District: Greeley 6
  • County: Weld
  • Zoning: RESGR 4913 E2 L3 BLK53R3015186
  • Fencing: Fenced
  • Utilities: Cable AvailableElectricity AvailableInternet Access (Wired)Natural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Individual
  • Exclusions: Tenants personal property and Unit 1 washer and dryer

This listing courtesy of Christina Koder, RE/MAX Alliance-Greeley

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Maplewood Elementary School

1201 21st Ave, Greeley, CO, 80631

Grades KG-5

0.76 miles away

F

Franklin Middle School

818 35th Ave, Greeley, CO, 80634

Grades 6-8

1.84 miles away

G

Greeley Central High School

1515 14th Ave, Greeley, CO, 80631

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.