1825 7th Avenue, Unit VARIOUS

Greeley, CO 80631

$650,000
Price
6
Beds
3
Baths
3,008 Sq. Ft.
$216 / Sq. Ft.
3,008
Sq. Ft.
$216
per Sq. Ft.

Description

The Arlington Heights multi-unit house is conveniently located 1 block from the UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD,1 BTH, One 1 BD, 1 BTH non-conforming rear entry main floor unit, and One 2 BD, 1 BTH basement unit. Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall...The Arlington Heights multi-unit house is conveniently located 1 block from the UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD,1 BTH, One 1 BD, 1 BTH non-conforming rear entry main floor unit, and One 2 BD, 1 BTH basement unit. Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall average rent of $750 per bedroom, detached parking garage separately leased for $150/month, and pet rent of $35/month. Financial Summary: 7.5% Annual all cash return (Cap rate) and excellent 12.0 year return of purchase price to annual gross rents (Gross Rent Multiple). Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. Unit(s) include central air, ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. Unit(s) include 2 door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica and solid surface counters, and laminate wood flooring. Location Amenities: Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment.
  1. Listed by Wayne Lewis • LC Real Estate Group, LLC • 3035888808
  2. Listed by Dallas Landry • LC Real Estate Group, LLC

Amenities

  • Air Conditioning
  • Basement
  • Ceiling Fan
  • Common Outdoor Space
  • Detached Parking
  • Dishwasher
  • Forced Air
  • Garage
LISTING UPDATED: 11/08/2024 09:45 AM

Property Details for 1825 7th Avenue, Unit VARIOUS

StatusActive
MLS #1021960
Days on Compass46
Taxes$2,148 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.22 AC / 9,500 SF
CountyWeld County

Building Information for 1825 7th Avenue, Unit VARIOUS

Stories3Residences3Year Built1910Building Size-Lot Size0.22 AC / 9,500 SF

Property Information for 1825 7th Avenue, Unit VARIOUS

Summary
Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -104.68951, 40.40889
  • Latitude: 40.41
  • Longitude: -104.69
  • Elementary School District: Greeley 6
  • Middle Or Junior School District: Greeley 6
Parking
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2024
  • Tax Annual Amount: $2,148
  • Parcel Number: R3298286
Property
Lot Information
  • Lot Improvements: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • Lot Size Area: 9,500.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Other
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Are Ditches Active: No
  • New Construction YN: No
  • Property Styles: 3
  • Levels: Tri-Level
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric, Xcel Energy
  • Gas: Natural Gas, Atmos Energy
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
Interior Features
  • ViewYN: No
  • Interior Features: Walk-In Closet(s)
  • Spa YN: No
  • Window Features: Window Coverings, Double Pane Windows
  • Fireplaces 1: Single Fireplace
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 1.00
  • Number of 1 bedroom units: 1
  • Unit 2's Number of Bedrooms: 1
  • Unit 2's Number of Baths: 1.00
  • Number of 2 bedroom units: 1
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 1.00
  • Number of 3 bedroom units: 1
Rental
Rental Information
  • Rent Unit 1: $2,050.00
  • Rent Unit 2: $1,100.00
  • Rent Unit 3: $1,350.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $4,500.00
  • Horse YN: No

Schools near 1825 7th Avenue, Unit VARIOUS

This home is within Greeleyschool District No. 6 in the County of Weld and Sta.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Maplewood Elementary School
PublicK to 5

Heath Middle School
Public6 to 8

Greeley Central High School
Public9 to 12

Jefferson High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1825 7th Avenue, Unit VARIOUS is a multi-family home for sale in Greeley, CO 80631. This property was listed for sale on November 7, 2024 by LC Real Estate Group, LLC, it's currently listed at $650,000. This listing's school district is Greeleyschool District No. 6 in the County of Weld and Sta. Nearby schools include Maplewood Elementary School, Heath Middle School and Greeley Central High School. 1825 7th Avenue, Unit VARIOUS is a 6-bed, 3-bath, 3,008 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LC Real Estate Group, LLC, Wayne Lewis; LC Real Estate Group, LLC, Dallas Landry

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.