1129 7th St

Greeley, CO 80631

Incomes Property  $535,000  Active

10-11-2019 04:03pm

Property Description

Fully leased 5 plex just 5 minutes from the UNC campus and downtown Greeley. Turn key investment opportunity with units updated in 2017 and a 6.5% cap rate. Three one bed-one bath, one two bed-one bath and one studio apartment. Updates include new windows, flooring, bathrooms, kitchens, 2 new water heaters, 2 new furnaces and newer roof. Tenants pay their own electric and gas, studio apartment on baseboard heat. Rent increases of 5-10% annually. Large corner lot with plenty of on site and street parking.

Listing Details

MLS#
896000
MLS Originator
IRES

Property Details

Property
Income Property
Status
Active
Status Conditions
Cash, Conventional
Last Update
10-11-2019 04:03pm
Bedrooms
0
SqFt
3350
Year Built
1883

Map

Property Level and Sizes

Lot Size
17960
SqFt Lot
9380

Financial Details

Previous Year Tax
$1,747
Year Tax
2018

Interior Details

Heating
Forced Air, Baseboard Heat

Room Details

Baths Full
0
Family Width
0
Family Length
0
Dining Room Width
0
Dining Room Length
0
Kitchen Width
0
Kitchen Length
0
Room Study Width
0
Room Study Length
0
Laundry Width
0
Laundry Length
0

Exterior Details

Schools

School District
Greeley 6
Elementary School
Martinez
Middle School
Franklin
High School
Northridge

Condominium Projections

Unit Total
5

Land Details

Water Tap Paid (Y/N)
No

Listing Media

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Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 1129 7th St, Greeley, CO 80631
- Property Type: Incomes Property, - beds, - baths, 3350 SqFT
- Selling Price: $535,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$426,900 (5)
$389,629 (7)
$387,800 (8)
$380,822 (9)
Area 2 (1-2 miles)
$426,900 (5)
$390,267 (9)
$388,740 (10)
$384,367 (12)
Area 3 (2-3 miles)
$449,313 (8)
$407,108 (13)
$403,633 (18)
$392,690 (21)
Area 4 (3-5 miles)
$460,500 (9)
$421,827 (15)
$415,020 (20)
$403,543 (23)

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