Property Attributes
- MLS#IR1003255
- TypeSingle Family
- CountyWELD
- CityGreeley
- NeighborhoodArlington Heights
- Zip80631
- StyleHouse
- Year Built1910
- Taxes$ 1939
- Price$ 394,000
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2032
- Lot Size0.22 Acres
Data Source:
REColorado (MTOMLS)
Property Description
This property is the perfect addition to your investment portfolio located in the heart of Greeley! An unbeatable location right next to the University of Northern Colorado, this property is an investor's dream, offering an ideal blend of solid rental history and significant potential for future appreciation. This investment gem features a spacious layout with 6 generously sized bedrooms, 2 bathrooms, a large kitchen & living area, downstairs laundry, garden level basement with plenty of daylight, & a large storage room in the basement making it a highly desirable rental for students and families alike. Tenants love the 2-car detached garage with a concrete driveway out back, long driveway out front & plenty of off-street parking to help accommodate multiple cars. Currently rented for $2300/month + $470 for utilities and is leased through 5/15/25, the property ensures a steady income stream with immediate rental income. Only 2 blocks away from campus, restaurants, & 5 min drive to Downtown Greeley. Don't miss out on this prime investment opportunity in a highly desirable location!
Elementary School | Middle School | High School |
---|---|---|
Maplewood Elementary School | Heath Middle School | Greeley Central High School |
Price History | |
---|---|
2/15/2024 | Listed $395,000 |
4/27/2024 | 1% - $394,000 |
General Features
Interior Features | Eat-in Kitchen |
---|---|
Sewer | Public Sewer |
Heating | Forced Air |
Utilities | Electricity Available,Natural Gas Available |
Possession | Rental Agreement |
Roof | Composition |
Appliances | Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer |
Zoning | SFR |
Garage Spaces | 2 |
Security Features | Smoke Detector(s) |
Construction Materials | Wood Frame |
Exclusions | Seller & Tenant's Personal Property |
Year Built | 1910 |
Tenant Pays | Electricity,Gas,Trash Collection,Water |
Levels | One |
Property SubType | Single Family Residence |
Tax Year | 2023 |
Percent Ownership | Individual |
County | Weld |
Net Operating Income | 24108 |
Operating Expense | 9132 |
Property Type | Residential |
HOA / Comm Assn | No |
Subdivision Name | Arlington Heights |
Possible Use | Residential |
Status | Active |
High School | Greeley Central |
City | Greeley |
Buyer Agent Compensation | 3.00 |
High School District | Greeley 6 |
Total Units | 1 |
Lot Size Square Feet | 9500 |
Street Name | 7th |
Listing Terms | Cash,Conventional |
Elementary School | Maplewood |
Tax Annual Amount | 1939 |
Middle/Junior High School | Heath |
Virtual Tour | https://youtu.be/gVE_n0owdQ0 |
Structure Type | House |
Standard Status | Active |
Occupancy Type | Tenant |
Elementary School District | Greeley 6 |
Cap Rate | 6.11 |
Buyer Agent Compensation Type | % |
Interior Features
Basement | Full |
---|---|
Flooring | Vinyl |
Total Fireplaces | 1 |
Basement (Y/N) | Yes |
Above Grade Finished Area | 1144 |
Full Baths | 1 |
3/4 Baths | 1 |
Street Suffix | Avenue |
Laundry Features | In Unit |
Below Grade Finished Area | 683 |
Main Level Bedrooms | 3 |
Main Level Bathrooms | 1 |
Exterior Features
Water Source | Public |
---|---|
Total Parking | 2 |
Building Area Total | 2032 |
Lot Size Acres | 0.22 |
Road Frontage Type | Public |
Other Equipment | Satellite Dish |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool