$425,000
Greeley, CO 80631
- 0.13 Acres
- Weld County
- 4 Beds
- 3 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 1026065
- Year Built: 1892
- Lot/Acreage: 0.13
- County: Weld
- Neighborhood: Greeley City
Interior Details
- Bedrooms: 4
- Bathrooms: 3
- Appliances: Electric Range/Oven, Gas Range/Oven, Refrigerator
- Heating: Forced Air
- Basement: Partial, Unfinished
- Water: City Water, City of Greeley
Exterior Details
- Zoning: RES
- Roof: Composition
- Other Structures: Storage
- Sewer: City Sewer
Description
Fully Rented Downtown Greeley Tri-Plex = Great Investment Opportunity! The major items have been taken care of including TWO NEW FURNACES, THREE NEW WATER HEATERS, NEW ROOF AND GUTTERS IN 2024! Discover an excellent opportunity to own a versatile multi-unit property in the heart of downtown Greeley! Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1050/mo. Unit 1 rent has a 20+ year tenant and rent will increase to $1300/mo in June, 2025. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint that is currently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint and carpet and is currently rented for $1300/mo. On June 1, 2025 this will be a 7.77 CAP RATE! In addition, there is a 1-car detached garage, a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.
Location
- Address: 1218 8th St Greeley CO 80631
- City: Greeley
- State: CO
- Zip: 80631
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Listing # Courtesy of Christina Koder of RE/MAX Alliance-Greeley. Last Updated: June 20, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
