Greeley, CO 80631,1229 10th ST
Greeley, CO 80631,1229 10th ST
Greeley, CO 80631,1229 10th ST
Greeley, CO 80631,1229 10th ST
Greeley, CO 80631,1229 10th ST
Greeley, CO 80631,1229 10th ST
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$544,000

$625,000

13.0%
Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 04/10/2023

Key Details

Sold Price $544,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Subdivision Greeley City

MLS Listing ID IR978628

Sold Date 04/10/23

Style Contemporary

HOA Y/N No

Originating Board recolorado

Year Built 1885

Annual Tax Amount $3,126

Tax Year 2021

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Fantastic Investment Opportunity! SELLER OFFERING 12K towards closing costs or rate buy down - allowing for additional cash flow for the first 2 years! Continue renting out all four units or live in one unit and rent out the other three units, great option for residential owner occupant financing. Amazing downtown Greeley location less than a mile from the University of Northern Colorado. This two-story 4-plex offers a great unit mix of two units with 2 bedrooms and 1 bath and the additional two units feature 1 bedroom and 1 bath. Selling at a 6 CAP with the ability to raise CAP rate to high 7's very quickly with updates that have been done and expiring leases! Walk or bike to shopping, schools, and restaurants. The one bedroom units feature 1 full bath, an open concept living and kitchen area, and multiple closets. The two bedroom units feature 1 full bath, an open concept dining and living area, kitchen, and multiple closets. Property includes a common laundry area with coin-operated washer and dryer included. There is room for rental increases for all four units. The property comes with reserved off-street parking and additional on street parking. Call 970-460-4006 to schedule a showing or for additional information.

Location

State CO

County Weld

Zoning R-H

Rooms

Basement Crawl Space, None

Interior

Interior Features Open Floorplan

Heating Gravity, Wood Stove

Cooling Air Conditioning-Room, Ceiling Fan(s)

Equipment Satellite Dish

Fireplace Y

Appliance Microwave, Oven, Refrigerator

Exterior

Fence Partial

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

View Mountain(s)

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Corner Lot, Level, Sprinklers In Front

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Wood Frame,Wood Siding

Schools

Elementary Schools Maplewood

Middle Schools Heath

High Schools Northridge

School District Greeley 6

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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REColorado (REColorado MLS)
Listed by C3 Real Estate Solutions, LLC • 9704604006
Bought with West and Main Homes Inc

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Matt Thomas

Consultant | Broker Associate | FA100030130

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