$515,000
$535,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
5 Baths
6,534 Sqft Lot
SOLD DATE : 12/31/2021
Key Details
Sold Price $515,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Subdivision Greeley City
MLS Listing ID 949859
Sold Date 12/31/21
Bedrooms 2
HOA Y/N false
Originating Board IRES MLS
Year Built 1925
Annual Tax Amount $2,199
Lot Size 6,534 Sqft
Acres 0.15
Property Description
6.01% CAP Rate! This is a mixed use 4-plex that is zoned C-H, close to downtown and city buildings. A property management company occupies the main floor & currently manages the property. The commercial tenant is in 4th-yr of a 5-yr lease w/scheduled rent increases. There are 2 studio apts. and a 2-bed, 2-bath apt. in the bsmt. Room for rent increases and a change to tenants paying the utilites in the next set of leases could increase the CAP rate. A coin-op laundry for tenants use (2 sets). It has 7 parking spaces on site for tenant's use. All furnaces and AC units have been replaced in the last two years. The roof was replaced in 2020. The sewer line was replaced in 2021.
Location
State CO
County Weld
Area Greeley/Weld
Zoning C-H
Rooms
Basement Partial
Interior
Heating Forced Air
Cooling Central Air
Window Features Window Coverings
Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Street Surface Paved,Asphalt
Building
Lot Description Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Excluded
Story 2
Sewer City Sewer
Water City Water, City of Greeley
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
Elementary Schools Maplewood
Middle Schools Heath
High Schools Greeley Central
School District Greeley 6
Others
Senior Community false
Tax ID R3035886
SqFt Source Assessor
Special Listing Condition Private Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States