929 5th Street
Greeley, CO 80631
2470 sqft | 4 beds | 2.75 baths | 0.22 acres | #IR1037685
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 listing agent for rent roll, seller is willing to help you fill the only vacant 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 vacant 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?)
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- Property SubtypeSingle Family Residence
- InteriorIn-Law Floorplan
- Sewer InformationPublic Sewer
- Subdivision8th Ave-10th
- High SchoolNorthridge
- School DistrictGreeley 6
- MLS #IR1037685
- MLS #IR1037685
- Property TypePurchase
- Elementary SchoolMartinez
- Original List Price$400,000
- Utility SourcePublic
- Taxes Annual$2,006
- Cost400000
- Middle SchoolHeath
- Bathrooms2.75
- Acres0.22
- Square Feet2470
- Year Built1903
- FoundationSlab
- CountyWeld
- Bedrooms4
- Full Baths2
- 3/4 Baths1
- Parking Spaces1
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Carrie Hill (#RECIRP21898)
Listing Office: Rocky Mountain RE Inc (#RECIRROMR)
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