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2805 13th Ave , 1&2

Greeley, CO 80631
  • $498,000
  • STATUS: Active Under Contract
  • ON SITE: 69 Days
  • MLS #: 951882
Under Contract
$498,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,040
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

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

Description

6.3% CAP RATE!!!! Use an IRA to purchase this investment property! Use VA/FHA/Conv. financing to live in one side and rent out the other! Oil and Gas lease produces $1300/year! Long term tenant! Easy to rent! Unit #1: Vacant rents for $1400. Refurbished in 2015 new double-paned front windows, kitchen & bath cabinetry & counters, appliances, tiled showers & flooring. 2014 installed Class IV hail-resistant roof saves $400+ annually on insurance premiums. 2018 new exterior paint & 2020 interior paint. Unit #2: Mo2Mo & want to stay. Rents for $1450. 2021 installation of new Navien 96% efficiency rated hot water boiler system. Each side has 1583 sq. ft, 3 beds, 1.5 baths, & finished basement. Mature landscaping with shade trees, fencing, sprinklers & attached garages. Electric & gas metered separately. Units have identical floor plan. See Matterport virtual tours.

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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 Bliss Realty Group. Data last updated: 2021-12-02T23:41:21.2.
www.blissrealtygroup.com/homes/121784658
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2805 13th Ave , 1&2 Greeley, CO 80631

  • Price: $498,000
  • Status: Active Under Contract
  • On Site: 69 Days
  • MLS #: 951882
6
Beds
0
Baths
0
½ Baths
0.14
Acres
3,040
SQFT
$164
$/SQFT
1979
Built
Neighborhood:
Ridge Run
County:
Weld
Area:
10 Weld County (all)
Elementary School:
Jackson
Middle School:
Other
High School:
Greeley West
School District:
Greeley 6
Property Description
6.3% CAP RATE!!!! Use an IRA to purchase this investment property! Use VA/FHA/Conv. financing to live in one side and rent out the other! Oil and Gas lease produces $1300/year! Long term tenant! Easy to rent! Unit #1: Vacant rents for $1400. Refurbished in 2015 new double-paned front windows, kitchen & bath cabinetry & counters, appliances, tiled showers & flooring. 2014 installed Class IV hail-resistant roof saves $400+ annually on insurance premiums. 2018 new exterior paint & 2020 interior paint. Unit #2: Mo2Mo & want to stay. Rents for $1450. 2021 installation of new Navien 96% efficiency rated hot water boiler system. Each side has 1583 sq. ft, 3 beds, 1.5 baths, & finished basement. Mature landscaping with shade trees, fencing, sprinklers & attached garages. Electric & gas metered separately. Units have identical floor plan. See Matterport virtual tours.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Exterior Features Lighting Fencing Fenced Horse YN No Levels Tri-Level Lot Features CurbsGuttersSidewalksLawn Sprinkler System Other Parking Parking Per Unit(1 Space/Unit) Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowave Basement Full Heating Hot WaterBaseboard Heating YN Yes Interior Features Eat-In Kitchen Living Area Source Appraiser Unit1 Bedrooms 3 Unit1 Est Sq Ft 1520 Unit1 Total Baths 2 Unit2 Bedrooms 3 Unit2 Est Sq Ft 1520 Unit2 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 6.19 Ditches Active YN No Electric Electric Gross Income 35640 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventionalFhaVa Loan Locale Greeley Net Operating Income 30837 New Construction YN No Operating Expense 4803 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Condominium Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 1934 Tax Year 1934 Tenant Pays GasElectricityWaterSewer Unit1 Rent 1400 Unit2 Rent 1395 Utilities Electricity Available Water Source City WaterCity Zoning Duplex

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Tod Franklin of Coldwell Banker Realty-West.



© 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 Bliss Realty Group. Data last updated: 2021-12-02T23:41:21.2.
 
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