1820 8th Avenue Greeley, CO 80631

$400,000
5
Beds
3
Baths
0.22
Acres
$400,000
5
Beds
3
Baths
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active
1/24
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We're pleased to offer this up/down legal duplex located across the street from the University of Northern Colorado. Situated a minute's walk from campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center, this income producing property will appeal to a variety of potential tenants. Offering a sprinklered yard, spacious lot, and storage shed with alley access, adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements to the lower unit (Unit 2). Unit 1- rented for 1 year at $1,795 per month. Unit 2- rented month-to-month at $800. Annual insurance premium is $1,458. Currently, owner pays all utilities with a bill back to tenants. Owner average $391/month. Bill back is only $150 for Unit 1. Opportunity to increase utility income. Sewer line cleaned out and scoped- available upon request.

We're pleased to offer this up/down legal duplex located across the street from the University of Northern Colorado. Situated a minute's walk from campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center, this income producing property will appeal to a variety of potential tenants. Offering a sprinklered yard, spacious lot, and storage shed with alley access, adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements to the lower unit (Unit 2). Unit 1- rented for 1 year at $1,795 per month. Unit 2- rented month-to-month at $800. Annual insurance premium is $1,458. Currently, owner pays all utilities with a bill back to tenants. Owner average $391/month. Bill back is only $150 for Unit 1. Opportunity to increase utility income. Sewer line cleaned out and scoped- available upon request.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Weld
  • Area
    Greeley/Weld
  • Tax Amount
    $1,536
  • Status
    Active
  • Listing #
    953268
  • Built
    1906
  • Lot Size
    0.22
  • Listed on site
    94 days

Listed by:

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School Info

Property details

Community Features

  • No HOA

Exterior features

  • Patio
  • Storage Buildings
  • Parking

Style

  • Two Story

Financing

  • Cash
  • Conventional Financing
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