1412 7th Ave Unit 1-5

Greeley, CO 80631
$760,000
Turnkey Multifamily Investment Opportunity - 7.11% Cap Rate in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive 7.11% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. 100% OccupancyRead MoreRead Less
Courtesy of Maggie Robel, Oneway.realty, 9705155004.
Listing Snapshot
Days Online
12
Last Updated
Property Type
Attached Dwelling
Lot Size
0.22 Acres
Year Built
1880
MLS Number
1032142
30 Days Snapshot Of 80631
$573k
+31%
(avg) sold price
21
-22%
homes sold
60
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Electric Range/Oven", "Dishwasher", "Refrigerator", "Washer", "Dryer", "Microwave", "Freezer", "All Appliances"
Basement
Basement: "Unfinished"
Building
Construction Materials: "Wood/Frame", Has Improvements: No, Total Sq Ft: 2957, Levels: "One and One Half", Living Area Source: Assessor, Living Area Units: Square Feet, Stories: 1.5, Year Built: 1880
Cooling
Cooling: "Room Air Conditioner", Cooling YN: t
Utilities
Electric: "Electric", "XCEL", Is Water Meter Installed: Yes, Utilities: "Electricity Available"
Exterior Features
Exterior Features: "Lighting"
Fence
Fencing: "Partial", "Fenced", "Wood"
Fireplaces
Fireplace Features: "None"
Income
Gross Income: 67440, Income Includes: "Lease/Rents", Net Operating Income: 54036
Heating
Heating: "Baseboard", "Wall Furnace", Heating YN: t
Unit One
Bedrooms Unit 1: 1, Number 1 Bedroom Units: 2, Rent Unit 1: $1,050, Total Baths Unit 1: 1
Unit Two
Bedrooms Unit 2: 2, Number 2 Bedroom Units: 3, Rent Unit 2: $1,100, Total Baths Unit 2: 1
Unit Three
Bedrooms Unit 3: 2, Est Sq Ft Unit 3: 780, Rent Unit 3: $1,350, Total Baths Unit 3: 1
Unit Four
Bedrooms Unit 4: 1, Rent Unit 4: $800, Total Baths Unit 4: 1
Unit Five
Bedrooms Unit 5: 2, Est Sq Ft Unit 5: 469, Rent Unit 5: $1,250, Total Baths Unit 5: 1
Taxes
Has Metro Tax District: No, Tax Annual Amount: 3404, Tax Year: 2024
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Greeley"
Lot
Lot Features: "Curbs", "Gutters", "Sidewalks", Lot Size Acres: 0.22, Lot Size Area: 9500, Lot Size Square Feet: 9500, Lot Size Units: Square Feet
Expenses
Operating Expense: 13404
Property
Parcel Number: R3261186, Possible Use: "Multi-Family", Property Attached YN: t, Property Condition: "Not New, Previously Owned", Property Sub Type: Attached Dwelling, Property Type: Residential Income, Road Frontage Type: "City Street", Road Surface Type: "Paved", "Asphalt"
Parking
Parking Features: "Alley Access"
Tenant Pays
Tenant Pays: "Electricity"
Windows
Window Features: "Window Coverings"
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