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    1124 10th St

    Greeley, CO 80631
    • $565,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 949859
    UPDATED: 53 min ago
    $565,000
    • 2
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,510
      SQFT
    • $161
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This is a mixed use 4-plex that is zoned C-H, close to downtown and city buildings. A property management company occupies the main floor & currently manages the property. The commercial tenant is in 4th-yr of a 5-yr lease w/scheduled rent increases. There are 2 studio apts. and a 2-bed, 2-bath apt. in the bsmt. Room for rent increases and a change to tenants paying the utilites in the next set of leases could increase the CAP rate. A coin-op laundry for tenants use (2 sets). It has 7 parking spaces on site for tenant's use. All furnaces and AC units have been replaced in the last two years. The roof was replaced in 2020. The sewer line was replaced in 2021.

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    © 2021 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2021-09-24T18:37:58.817.
    www.taylorhomepartners.com/homes/120946557
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    1124 10th St Greeley, CO 80631

    • Price: $565,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 949859
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,510
    SQFT
    $161
    $/SQFT
    1925
    Built
    Neighborhood:
    Greeley City
    County:
    Weld
    Area:
    10 Weld County (all)
    Elementary School:
    Maplewood
    Middle School:
    Heath
    High School:
    Greeley Central
    School District:
    Greeley 6
    Property Description
    This is a mixed use 4-plex that is zoned C-H, close to downtown and city buildings. A property management company occupies the main floor & currently manages the property. The commercial tenant is in 4th-yr of a 5-yr lease w/scheduled rent increases. There are 2 studio apts. and a 2-bed, 2-bath apt. in the bsmt. Room for rent increases and a change to tenants paying the utilites in the next set of leases could increase the CAP rate. A coin-op laundry for tenants use (2 sets). It has 7 parking spaces on site for tenant's use. All furnaces and AC units have been replaced in the last two years. The roof was replaced in 2020. The sewer line was replaced in 2021.
    Exterior Features

    Construction Materials Stucco Horse YN No Levels Two Lot Features CurbsGuttersSidewalksLawn Sprinkler SystemMineral Rights Excluded Other Parking Parking Per Unit(1.5 Spaces/Unit) Property Attached YN Yes Road Frontage Type City StreetHighway Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

    Interior Features

    Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement Partial Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Total Baths 1 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Total Baths 2 Window Features Window Coverings

    Property Features

    Association YN No Cap Rate 5.68 Electric ElectricXcel Exclusions Mineral RightsTenants Personal Property Gas Natural GasAtmos Gross Income 42970 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Greeley Net Operating Income 32144 New Construction YN No Operating Expense 10826 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Condominium Sewer City Sewer Tax Annual Amount 2199 Tax Year 2020 Tenant Pays DepositCpi Annual Escalation Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Greeley Zoning C-H

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Kendal Brazelton of Mb/Brazelton Realty Inc.



    © 2021 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2021-09-24T18:37:58.817.
     
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