$1,750,000
$1,750,000
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4 Beds
4 Baths
0.77 Acres Lot
SOLD DATE : 07/15/2020
Key Details
Sold Price $1,750,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Country Club West Sub
MLS Listing ID 905934
Sold Date 07/15/20
Style Ranch
Bedrooms 4
HOA Y/N false
Originating Board IRES MLS
Year Built 1990
Lot Size 0.770 Acres
Acres 0.77
Property Description
1017 and 1029 49th Ave are two 4 unit town home style apartment buildings. Located blocks from Greeley Country Club, these meticulously maintained town homes boast large functional floor plans and a garage for each unit. 1017 49th Avenue also has full framed basements that are wired, plumbed and have completed duct work that can be easily converted into another 2 bedrooms plus a full bathroom. Raising rents to market rates should stabilize the asset at a high 6% cap rate.
Location
State CO
County Weld
Area Greeley/Weld
Zoning R
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Appliance All Appliances
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Wood
Building
Story 1
Sewer City Sewer
Water City Water, City of Greeley
Level or Stories One, Bi-Level
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Meeker
Middle Schools Brentwood
High Schools Greeley West
School District Greeley 6
Others
Senior Community false
Tax ID R0072688
SqFt Source Assessor
Special Listing Condition Private Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States