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1229 10th St

Greeley, CO 80631

6 beds
4 baths
– sqft
6,000 sqft lot
1885 build
– on site

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Fantastic Investment Opportunity! SELLER OFFERING 12K towards closing costs or rate buy down - allowing for additional cash flow for the first 2 years! Continue renting out all four units or live in one unit and rent out the other three units, great option for residential owner occupant financing. Amazing downtown Greeley location less than a mile from the University of Northern Colorado. This two-story 4-plex offers a great unit mix of two units with 2 bedrooms and 1 bath and the additional two units feature 1 bedroom and 1 bath. Selling at a 6 CAP with the ability to raise CAP rate to high 7's very quickly with updates that have been done and expiring leases! Walk or bike to shopping, schools, and restaurants. The one bedroom units feature 1 full bath, an open concept living and kitchen area, and multiple closets. The two bedroom units feature 1 full bath, an open concept dining and living area, kitchen, and multiple closets. Property includes a common laundry area with coin-operated washer and dryer included. There is room for rental increases for all four units. The property comes with reserved off-street parking and additional on street parking. Call 970-460-4006 to schedule a showing or for additional information.

Listing courtesy of IRES

Last checked: Checking… • Last updated Aug 2, 2024 •

MLS# 978628 —

The Building

Year Built:

1885
New Construction:

false
Construction Materials:

Wood/Frame
Architectural Style:

Colonial
Total SqFt:

2,719 Sqft
# of Units Total:

4
Roof:

Composition
Entry Location:

Outside Entry
Levels:

Two
Basement:

None
Stories:

2
Direction Faces:

South
Patio And Porch Features:

Patio
Accessibility Features:

Level Lot

Interior

Interior Features:

Satellite Avail
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Other

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Deposit

Location

Directions:

If you are coming from West Greeley - drive West on 10th Street, the property is on the corner of 10th Street and 13th Avenue. If you are coming from East Greeley - drive East on 9th Street, take a left onto 13th avenue - the property is on the corner of 13th Avenue and 10th Street.
Coordinates:

-104.69956, 40.42286
Latitude:

40.42286
Longitude:

-104.69956

The Property

Property Type:

Residential Income
Property Subtype:

Attached Dwelling
Parcel Number:

R3018186
Lot Features:

Curbs
Lot Size Acres:

0.14
Lot Size SqFt:

6,000 Sqft
Lot Size Area:

6000
Lot Size Units:

Square Feet
Zoning:

R-H
View:

Foothills View
Possible Use:

Multi-Family
Exclusions:

Sellers personal property, Tenants personal property, All Staging Items in Unit 1
Horse:

false
Fencing:

Partial
Waterfront:

false
Property Attached:

true
Road Frontage Type:

City Street
Road Surface Type:

Paved
Has Water Rights:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Annual Amount:

$3,126

Beds

Bedrooms Total:

6

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Gravity
Heating:

true
Cooling:

Room Air Conditioner
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Separate Meter Gas, Xcel
Electric:

Electric, Separate Meter Electricity, Xcel
Sewer:

City Sewer
Water Source:

City Water, City of Greeley

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Maplewood
Middle School:

Heath
High School:

Northridge
High School District:

Greeley 6

The Community

Association:

false
Subdivision Name:

Greeley City
Spa:

false
Senior Community:

false

Parking

Other Parking:

Parking Per Unit(1 Space/Unit)

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

1
Bedrooms Unit 2:

2
Total Baths Unit 2:

1
Bedrooms Unit 3:

1
Total Baths Unit 3:

1
Bedrooms Unit 4:

1
Total Baths Unit 4:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/10/23 Apr 10, 2023	Sold	IRES	$544,000	-13.0%
11/10/22 Nov 10, 2022	Listed / Active	IRES	$625,000	38.9% (9.9% / YR)
11/29/18 Nov 29, 2018		IRES	$449,913

Multifamily Sold on 4/10/2023

$544,000

Listing provided by broker:

NoCo Home Team

9704604006

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Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS

1229 10th St

Greeley, CO 80631