For more information regarding the value of a property, please contact us for a free consultation.
1821 6th Ave Greeley, CO 80631
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $401,100
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Arlington Heights
MLS Listing ID 988341
Sold Date 08/07/23
Bedrooms 7
HOA Y/N false
Originating Board IRES MLS
Year Built 1904
Annual Tax Amount $2,111
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Incredible Wake Up Money Investment Property in a highly sought after rental location within walking distance to the of the UNC college campus.This spacious property features 7 bedrooms & 3 bathrooms, not one, but two full kitchens to accommodate all tenants & a large parking lot in the back with a detached garage. With an already secured year lease that just started in May & rental income of $3,150 per month ($450 per room) + $497 for utilities ($71 per tenant), this investment property promises exceptional cash flow potential that any savvy investor would appreciate. Highlights of the property include a prime location near the UNC baseball field & walking distance to campus, years of strong rental demand, cash flow positive & multiple tenancy options. Don't miss out on this incredibly priced investment opportunity! Additional Details: The property is leased through 5/14/24. Deposit per tenant is $521. Property is managed by Big Bear Properties. Buyer can continue or terminate the relationship with Big Bear Properties. If terminated, there is a buyout fee of $402.50 per remaining month thru 5/14/24.
Location
State CO
County Weld
Area Greeley/Weld
Zoning Res
Rooms
Other Rooms Storage
Interior
Heating Forced Air
Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Composition
Building
Story 1.5
Sewer City Sewer
Water City Water, City of Greeley
Level or Stories One and One Half
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Maplewood
Middle Schools Heath
High Schools Greeley Central
School District Greeley 6
Others
Senior Community false
Tax ID R3295886
SqFt Source Other
Special Listing Condition Private Owner
Read Less