1825 7th Avenue, Unit VARIOUS
$650,000
6
3
3,008
3,008
$216
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.
- Listed by Wayne Lewis • LC Real Estate Group, LLC • 3035888808
- 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
Status | Active |
---|---|
MLS # | 1021960 |
Days on Compass | 46 |
Taxes | $2,148 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1910 |
Lot Size | 0.22 AC / 9,500 SF |
County | Weld 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
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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