Description
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.
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6BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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2,719SQFT
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$230$/SQFT
School Information
Description
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.
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