1429 8th St

Greeley, CO 80631
$570,500
This 6-unit gem offers five 1-bed/1-bath units and one 2-bed/1-bath. One unit is move-in ready; another is occupied by a friend of the seller-call for details. he remaining units are occupied by long-term tenants on flexible month-to-month leases, providing steady cash flow with room to increase rents. Prime location nearRead MoreRead Less
Courtesy of Michele Gerbitz, True Abundance Prop Management, 9703525732.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Income Property
Lot Size
0.2 Acres
Year Built
1882
MLS Number
1037523
30 Days Snapshot Of 80631
$353k
-3%
(avg) sold price
30
-34%
homes sold
58
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Electric Range/Oven", "Refrigerator", "All Appliances", "Disposal"
Basement
Basement: "Partially Finished"
Building
4038 total sqft, Has Improvements: No, Construction Materials: "Stucco", Entry Location: Outside Entry, Levels: "Two", Stories: 2, Year Built: 1882
Expenses
Operating Expense: $7,821
Fence
"Partial"
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Greeley"
Heating
"Hot Water"
Income
Gross Income: $50,160, Income Includes: "Lease/Rents", Net Operating Income: $42,339
Interior Features
"Outside Entry"
Lot
0 acres, 8625 sqft, Area: 8625
Parking
Other Parking: Parking Per Unit(Less Than 1)
Property
Parcel Number: R3003586, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned"
Roof
"Composition"
Taxes
Tax Annual Amount: 2788, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Gas", "Electricity", "Water", "Sewer"
Unit One
Rent: $800, Bedrooms: 2, Total Baths: 1, Number 1 Bedroom Units: 5
Unit Two
Bedrooms: 1, Total Baths: 1, Number 2 Bedroom Units: 1
Unit Three
Rent: $625, Bedrooms: 1, Total Baths: 1
Unit Four
Bedrooms: 1, Total Baths: 1
Unit Five
Rent: $725, Bedrooms: 1, Total Baths: 1
Unit Six
Rent: $750, Bedrooms: 1, Total Baths: 1
Utilities
Electric: "Electric", "Separate Meter Electricity", "Xcel Energy", Gas: "Natural Gas", "Master Meter-Gas", "Atmos Energy", Utilities: "Natural Gas Available", "Electricity Available"
Windows
"Window Coverings"
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Adam Schwartz
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