1023 12th Ave

Greeley, CO 80631
$650,000
We are pleased to present 1023 12th Ave, an eight-unit multifamily investment opportunity in Greeley, Colorado. Perfect for a value-add investor, the property has ample future upside potential through both interior and exterior remodels and renovations.
Courtesy of Charlie Mitelhaus, CBRE Inc, 9703723007.
Listing Snapshot
Days Online
16
Last Updated
Property Type
Income Property
Lot Size
0.14 Acres
Year Built
1902
MLS Number
1025950
30 Days Snapshot Of 80631
$358k
-14%
(avg) sold price
15
-21%
homes sold
80
+29%
(avg) days on market
Snapshot
Area Map
Additional Details
Cooling
Cooling YN: t, Cooling: "Room Air Conditioner"
Appliances & Equipment
Appliances: "Some Appliances"
Building
Architectural Style: "Victorian", Construction Materials: "Wood/Frame", Has Improvements: No, Total Sq Ft: 4336, Levels: "Two", Living Area Source: Assessor, Living Area Units: Square Feet, Stories: 2, Year Built: 1902
Basement
Basement: "Full"
Utilities
Electric: "Separate Meter Electricity", Is Water Meter Installed: Yes
Income
Gross Income: 107514.85, Income Includes: "Lease/Rents", "Deposits Forfeited", Net Operating Income: 81551.85
Heating
Heating: "Baseboard", Heating YN: t
Unit One
Bedrooms Unit 1: 3, Number 1 Bedroom Units: 5, Rent Unit 1: $1,650, Total Baths Unit 1: 1
Unit Two
Bedrooms Unit 2: 2, Number 2 Bedroom Units: 2, Total Baths Unit 2: 1
Unit Three
Bedrooms Unit 3: 2, Number 3 Bedroom Units: 1, Total Baths Unit 3: 1
Unit Four
Bedrooms Unit 4: 1, Rent Unit 4: $609, Total Baths Unit 4: 1
Unit Five
Bedrooms Unit 5: 1, Rent Unit 5: $1,409, Total Baths Unit 5: 1
Taxes
Has Metro Tax District: No, Tax Annual Amount: 3963
Water Features
Has Water Rights: No, Water Source: "City Water", "City"
Lot
Lot Features: "Water Rights Included", "Mineral Rights Included", Lot Size Acres: 0.14, Lot Size Area: 6000, Lot Size Square Feet: 6000, Lot Size Units: Square Feet
Expenses
Operating Expense: 25963
Property
Parcel Number: R3033886, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned", Property Sub Type: Income Property, Property Type: Residential Income, Road Frontage Type: "City Street"
Tenant Pays
Tenant Pays: "Gas"
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Adam Schwartz
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