$760,000
Greeley, CO 80631
- 0.22 Acres
- Weld County
- 8 Beds
- 5 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 1032142
- Year Built: 1880
- Lot/Acreage: 0.22
- County: Weld
- Neighborhood: Beer & Thomas Sub
Interior Details
- Bedrooms: 8
- Bathrooms: 5
- Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, All Appliances
- Cooling: Room Air Conditioner
- Heating: Baseboard, Wall Furnace
- Basement: Unfinished
- Water: City Water, City of Greeley
Exterior Details
- Zoning: C-H
- Roof: Composition
Description
Turnkey Multifamily Investment Opportunity - 7.11% Cap Rate in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive 7.11% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. 100% Occupancy with tenants on solid 12-month leases, most units remodeled in 2024 down to the studs (featuring new windows, updated kitchens, bathrooms, appliances, flooring, paint, and fixtures), fresh exterior paint and recent landscaping, deck upgrades completed in 2024, & strong rental history with professional management in place. Shared laundry room for units 1-4, and unit 5 (built in 1990) has their own laundry room in unit. Tenants pay separately metered electricity. Landlord pays water/trash/common electric. Whether you're expanding your portfolio or entering the multifamily market, this turn-key property checks all the boxes for income-producing real estate in Northern Colorado. Don't miss this opportunity-schedule a tour or request the full financials today.
Location
- Address: 1412 7th Ave 1-5 Greeley CO 80631
- City: Greeley
- State: CO
- Zip: 80631
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Listing # Courtesy of Maggie Robel of Oneway.realty. Last Updated: April 29, 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.
