$399,000

929 5th St, Greeley, CO 80631

4 beds |
3 baths |
2,470 sqft

Single-Family Home
Built in 1903
9,583sqft lot
1 car garage
$162/sqft
Listed 5 months ago

Property Description

Get $32,500 rental income per year from this Investment opportunity for triplex in very good condition with strong cash returns and a very strong 8 Cap Rate. Main level and upstairs have nice upgrades, the house retains a lot of it's original built in charms but there are nice upgrades in kitchens, baths and mechanicals. The basement has its own private entrance, nice tile and good, livable space with good history of tenants. Contact agent for rent roll, seller is willing to help you fill the only available unit prior to close so you take over a fully rented property. Two strong tenants staying in place. Opportunity for house hack if new owner wants to live in the available unit. Greeley remains affordable and nice places like this get strong tenants who can actually afford to pay their rent. Property is a large 9500sf CORNER (maybe Greeley would let you build another house or convert garage to coach house for additional income?)

Listing Status:: Active
Listing Office:: Rocky Mountain RE Inc : 3035300132
Listing Agent:: Carrie Hill : 3035300132
MLS ID:: 1037685

General: Washer/Dryer Hookup
Appliances: Electric RangeRefrigerator
Basement: Partially FinishedSlab
Heating: Forced AirBaseboard
Fireplace: None

Style: VictorianIn-Law AreaIncludes Rental Unit
Other Structures: Patio

Roofing: Composition
General: FrameOne and One Half

Road/Access: City Street
HOA Amenities: No Association Fee
Originating MLS: ires
School District: Greeley 6
County: Weld

Zoning: triplexR2798386
Fencing: Partial

Utilities: Natural Gas AvailableElectricity AvailableXcel
Water: City
Sewer: Public Sewer

Source: ires

This listing courtesy of Carrie Hill, Rocky Mountain RE Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Fred Tjardes School of Innovation

717 6th St, Greeley, CO, 80631

Grades KG-8

0.24 miles away

Heath Middle School

2223 16th St, Greeley, CO, 80631

Grades 6-8

1.43 miles away

Jefferson Junior/Senior High School

1315 4th Ave, Greeley, CO, 80631

Grades 7-12

0.93 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.