517 8th St Unit Various

Greeley, CO 80631
$800,000
Mixed Commercial/Residential building conveniently located two blocks from 8th Avenue. Walking distance to Lincoln Park. Proximity to key amenities, public transportation, and downtown. 2 commercial spaces, one 2500 sf currently leased as a church and second is 2700 sf leased as a retail home goods. 3 residential units - oneRead MoreRead Less
Courtesy of Wayne Lewis, LC Real Estate Group, LLC, 3035888808.
Listing Snapshot
Days Online
89
Last Updated
Property Type
Income Property
Lot Size
0.2 Acres
Year Built
1919
MLS Number
1026285
30 Days Snapshot Of 80631
$379k
-32%
(avg) sold price
44
+100%
homes sold
49
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "City Street", Road Surface Type: "Paved", "Asphalt"
Basement
Basement: "None"
Building
Has Improvements: No, Total Sq Ft: 7948, Construction Materials: "Wood/Frame", "Block", "Stucco", "Wood Siding", Levels: "Bi-Level", Stories: 2, Year Built: 1919
Expenses
Operating Expense: 35057
Exterior Features
Exterior Features: "Lighting"
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Greeley"
Heating
Heating: "Space Heater", "2 or more Heat Sources"
Income
Gross Income: 106794, Income Includes: "Lease/Rents", Net Operating Income: 71737
Lot
Acres: 0.2, Area: 8712, Features: "Curbs", "Sidewalks", "Level", Square Feet: 8712
Parking
Parking Features: "Alley Access"
Property
Possible Use: "Multi-Family", "Commercial", "Commercial or Industrial", Property Condition: "Not New, Previously Owned"
Roof
"Tar/Gravel"
Sewer
"City Sewer"
Taxes
Has Metro Tax District: No, Tax Annual Amount: 11931, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Gas", "Electricity", "Water", "Sewer"
Unit One
Rent: $1,300, Bedrooms: 2, Est Sq Ft: 748, Number 1 Bedroom Units: 1, Total Baths: 1
Unit Two
Rent: $1,050, Bedrooms: 2, Est Sq Ft: 1250, Number 2 Bedroom Units: 2, Total Baths: 1
Unit Three
Rent: $1,000, Bedrooms: 1, Est Sq Ft: 750, Total Baths: 1
Unit Four
Rent: $1,500, Est Sq Ft: 2700
Unit Five
Rent: $3,000, Est Sq Ft: 2500
Utilities
Is Water Meter Installed: Yes, Electric: "Electric", "Xcel Energy", Gas: "Natural Gas", "Atmos Energy", Utilities: "Natural Gas Available", "Electricity Available"
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Adam Schwartz
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