517 8th St

Greeley, CO 80631
$690,000
Excellent opportunity to purchase three properties with $100,000 down payment. The proposed transaction structure includes purchase of 517 E 8th St, the residential income property for $165,000 with bank financing and separate purchase of 519 & 521 E 8th St,the mixed use commercial/industrial/storage and residential property for $525,000 with sellerRead MoreRead Less
Courtesy of Wayne Lewis, LC Real Estate Group, LLC, 3035888808.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Income Property
Lot Size
0.2 Acres
Year Built
1919
MLS Number
1038272
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
Unit Two
Total Baths: 1, Rent: $1,050, Bedrooms: 2, 1250 estimated sqft, Number 2 Bedroom Units: 2
Property Access
Road Frontage Type: "City Street", Road Surface Type: "Paved", "Asphalt"
Basement
Basement: "None"
Building
7948 total sqft, Has Improvements: No, Construction Materials: "Wood/Frame", "Block", "Stucco", "Wood Siding", Levels: "Bi-Level", Stories: 2, Year Built: 1919
Expenses
Operating Expense: $37,691
Exterior Features
Exterior: "Lighting"
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Greeley"
Heating
"Space Heater", "2 or more Heat Sources"
Home Owner's Association
HOA Transfer Fee: No
Income
Gross Income: $106,794, Income Includes: "Lease/Rents", Net Operating Income: $69,103
Lot
0 acres, 8712 sqft, Area: 8712, Features: "Curbs", "Gutters", "Sidewalks", "Level"
Parking
"Alley Access"
Property
Parcel Number: R2841086, Property Condition: "Not New, Previously Owned"
Roof
"Tar/Gravel"
Sewer
"City Sewer"
Taxes
Tax Annual Amount: 12272, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Gas", "Electricity", "Water", "Sewer"
Unit One
Rent: $1,300, Bedrooms: 2, Total Baths: 1, 748 estimated sqft, Number 1 Bedroom Units: 1
Unit Three
Rent: $1,000, Bedrooms: 1, Total Baths: 1, 750 estimated sqft
Unit Four
Rent: $1,500, 2700 estimated sqft
Unit Five
Rent: $3,000, 2500 estimated sqft
Utilities
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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