1217 12th Street

Greeley, CO 80631

Incomes Property  $650,000  Expired

10-01-2019 12:11am

Property Description

Incredible 1964 2 bedroom, 1 bath 4-plex plus a 2 bed, 1 bath carriage house. This 5 unit investment property is a 6% cap rate in Colorado's Fastest Growing City (USA Today), Greeley, CO. This property is being sold as a portfolio with the 20 unit property immediately adjacent., 1213 12th Street (The Kensington). The owner will sell the properties to two different owners but both properties must sell.

Listing Details

MLS#
8587377
MLS Originator
REcolorado (Denver)
Off Market Date
09-30-2019 12:00am
Original Price
$650,000

Property Details

Property
Income
Property Subtype
Income
Status
Expired
Last Update
10-01-2019 12:11am
Bedrooms
10
Bathrooms
5
SqFt
4836
Year Built
1964
Der PSF Total
134.41

Map

Property Level and Sizes

SqFt Lot
9500.00
SqFt Finished
4836
SqFt Basement
1998
SqFt Above
2838

Financial Details

Previous Year Tax
$3,485
Terms and Conditions
Cash, Conventional, Exchange
Owner Paid Utilities
Gas,Insurance,Lawn Service,Maintenance,Trash,Water
Transaction Type
For Sale

Interior Details

Cooling
None
Heating
Baseboard
Heating Fuel
Gas

Exterior Details

Base Type
Garden Level
Base Finished
Yes
Base Size
Full
Basement Finished %
100
Parking Spaces
1
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-

Exterior Construction

Building Type
5+ Plex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Brick
Architectural Style
Bungalow
Construction Method
Brick
Builder Source
Listor Measured

Schools

School District
Greeley 6

Condominium Projections

Annual Actual Expenses
14084
Annual Projected Expenses
19174
Annual Actual Income
53274
Annual Projected Income
66071
Annual Actual Net Income
39190
Annual Projected Net Income
46897
Unit Furnished
0

Land Details

PPA
2954545.45
Lot Width
0.00

Contact Agent

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