817 23rd Street, Greeley, CO 80631

$365,000 Asking Price

1,320  sqft
Built in 1928

Nestled in the heart of Greeley, Colorado, lies a hidden gem at 817 23rd St. This charming residence not only offers comfort and character but also presents a stable investment opportunity, thanks to its prime location near the bustling college campus. Located only a 5 minute walk from the University of Northern Colorado campus grounds, this remolded house lends a variety of appeals. With the proximity to the college campus, students are constantly seeking off-campus housing, this residence presents an excellent opportunity for investors. Its prime location ensures a steady stream of potential tenants, offering a reliable source of rental income, currently offered on market at a 7% CAP RATE! Additionally, the demand for rental properties near college campuses often leads to appreciation in property value over time, making it a potentially great long-term investment. The entire interior of the home has been updated in the past few years with paint, lighting, full bathroom remodels which include quartz countertops. The kitchen offers quartz counters as well, LED lighting, with modern appliances, and ample counter space. A spacious laundry area on the lower level, and a full bah with double sinks adds to the modernization and features of the home. 5 total bedrooms, make it an ideal space for residents or tenants. Conveniently located near schools, parks, and shopping, this home offers the perfect blend of comfort, convenience, and investment potential. EXTERIOR WILL BE SANDED AND PAINTED.


Features & Amenities

Interior

General:
Eat-in Kitchen
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry:
In Unit
Basement:
Daylight
A/C:
Central Air Conditioning
Heating:
Forced Air

Exterior

Style:
Cottage
Parking:
Parking spaces: 5

Construction

Roofing:
Composition, Membrane, Metal
General:
Two

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Greeley 6
County:
Weld

Lot

Zoning:
RL, GR 1082 E50' L11 & 12 BLK2 ARL PK, R3517086
View:
City
Fencing:
Fenced

Utilities

Utilities:
Electricity Available, Natural Gas Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Individual
Exclusions:
Seller's and tenant's personal property, mineral/oil/gas rights., Mineral Rights Excluded
Buyers Agent Compensation:
2.80 %

This listing courtesy of:
The Station Real Estate, Nicholas Bukowski

About Greeley, CO

Housing

Number of Units
49,406
Median Home Value
$285,949
Median Rent
$1,014

39.14% of housing units are renter occupied.

5.64% are vacant.

Commute

Car
75.81%
Public Transportation
0.44%
Walk to Work
1.92%
Work from Home
20.53%
Other
0.78%

The median travel time to work is 21 minutes.

People

Population
124,078
Median Age
35.10
Median Household Size
2.81

Education

High School
26.88%
Associate’s Degree
8.83%
Bachelor’s Degree
16.14%
Graduate Degree
9.94%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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