Conveniently situated less than half a mile from the University of Northern Colorado, 1509 3rd Ave in Greeley is a 8-unit apartment building, including eight one-bedroom, one-bathroom residences. Built in 1973 with classic brick construction and a composition shingle pitched roof, this property has undergone a complete renovation, featuring updated… Read More flooring, cabinets, countertops, and bathrooms. The property was improved with several capital expenditure upgrades over the last year with new windows, a refreshed painted exterior, new parking lot, and perimeter fence. Each unit boasts individual AC units for personalized comfort. With its prime location 1509 3rd Ave presents a turnkey investment opportunity with immediate cashflow. Read Less
Courtesy of Elliott Polanchyck, Unique Properties, 3033215888.
Listing Snapshot
Days Online
96
Last Updated
Property Type
Income Property
Lot Size
0.21 Acres
Year Built
1973
MLS Number
1028623
30 Days Snapshot Of 80631
$373k
-16%
(avg) sold price
37
-27%
homes sold
66
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "None"
Building
4446 total sqft, Has Improvements: No, Construction Materials: "Brick/Brick Veneer", Levels: "Bi-Level", Stories: 2, Year Built: 1973
Expenses
Operating Expense: $4,626
Water Features
Has Water Rights: No, Water Source: "City Water", "City"
Heating
"Baseboard"
Home Owner's Association
HOA Transfer Fee: No
Income
Gross Income: $127,893, Net Operating Income: $123,267
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