Get $32, 500 rental income per year from this Investment opportunity for triplex in very good condition with strong cash returns and a very strong 8 Cap Rate. Main level and upstairs have nice upgrades, the house retains a lot of it's original built in charms but there are nice upgrades in kitchens, baths and mechanicals. The basement has its own private entrance, nice tile and good, livable space with good history of tenants. Contact agent for rent roll, seller is willing to help you fill the only available unit prior to close so you take over a fully rented property. Two strong tenants staying in place. Opportunity for house hack if new owner wants to live in the available unit. Greeley remains affordable and nice places like this get strong tenants who can actually afford to pay their rent. Property is a large 9500sf CORNER (maybe Greeley would let you build another house or convert garage to coach house for additional income?)
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 12 x 12
- Bedroom 2 Dimensions: 12 x 9
- Bedroom 3 Dimensions: 11 x 8
- Bedroom 4 Dimensions: 11 x 10
- Primary Bedroom Sqft: 144
- Bedroom 2 Sqft: 108
- Bedroom 3 Sqft: 88
- Bedroom 4 Sqft: 110
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
- Bedroom 3 Level: Basement
- Bedroom 4 Level: Upper
- Bedroom 2 Features: Carpet
- Bedroom 3 Features: Tile Floor
- Bedroom 4 Features: Carpet
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 3/4 Bathrooms: 1
- Bathrooms On Main Level: 1
- Primary Bathroom Features: Shared Primary Bath
Interior Features
- Study Area
- In-Law Floorplan
- Interior Amenities: Washer/Dryer Hookups
Appliances
- Electric Range/Oven
- Refrigerator
- Laundry Features: Washer/Dryer Hookups, Main Level
Heating and Cooling
- Heating Features: Forced Air, Baseboard
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 7 x 8
- Dining Room Level: Main
- Dining Room Sqft: 56
- Kitchen Dimensions: 9 x 12
- Kitchen Level: Main
- Kitchen Sqft: 108
Other Rooms
- Living Room Dimensions: 14 x 11
- Office/Study Room Dimensions: 9 x 10
- Living Room Sqft: 154
- Living Room Level: Main
- Basement Description: Partially Finished
Exterior and Lot Features
- Fencing: Partial
- Patio And Porch Features: Patio
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Garage Description: Detached
Land Info
- Lot Size Acres: 0.21809
- Lot Size Square Feet: 9500
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Billie Martinez
- Elementary School District: Greeley 6
- High School: Northridge
- High School District: Greeley 6
- Middle School: Heath
- Middle or Junior School District: Greeley 6
Other Property Info
- Annual Tax Amount: 2006
- Source Listing Status: Active
- County: Weld
- Tax Year: 2024
- Source Property Type: Attached Dwelling
- Inclusions: Electric Range/Oven, Refrigerator
- Property Subtype: condo
- Source Neighborhood: 8th Ave-10th
- Subdivision: 8th Ave-10th
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2470
- Year Built: 1903
- BelowGradeFinishedArea: 720
- Construction Materials: Wood/Frame
- Direction Faces: South
- Foundation Details: Slab
- Levels: One and One Half
- Property Age: 122
- Property Attached: Yes
- Property Condition: Not New, Previously Owned
- Roof: Composition
- Structure Type: Includes Rental Unit
- Architectural Style: Victorian
Utilities
- Electric: Electric, Xcel
- Gas: Natural Gas
- Sewer: District Sewer
- Natural Gas Available
- Electricity Available
- Water Source: City Water, City of Greeley