Awesome investment opportunity in a great location!! This updated brick 4-plex has been well taken care of and offers great returns ( All units are rented with awesome tenants). Rents for units A,B,D are all below market with opportunity to increase revenue. Unit C rent is $1950. Each unit features the same floor plan, a bright and open main floor with a fireplace and half bathroom, 3 bedrooms and a spacious bathroom upstairs and a large unfinished basement with a great layout. Each unit is over 2200 sq ft with an attached garage, patio and outdoor space, all surrounded my mature landscaping! Unit C is most updated, however the rest of the units are in great move-in ready condition. Value added opportunity and instant equity is to have units deeded separately, with current individual units of similar size selling between $360k-380k+, reach out for more details. Great location, close to multiple parks, the university, hospitals, shopping and easy access to the hwy 34.
Presented By: Hitch Realty LLC; 9706580878
Interior Features for 2132 27th Ave Ct
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementFull, Unfinished
Fireplace FeaturesSingle Fireplace
Fireplace Y/NYes
Heating Y/NYes
General for 2132 27th Ave Ct
AppliancesElectric Range/Oven, Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator
Attached Garage No
Cap Rate6.36
CityGreeley
Construction MaterialsBrick/Brick Veneer
CoolingCentral Air
CountyWeld
ElectricElectric, Separate Meter Electricity
Elementary SchoolMeeker
Exclusionstenants personal property, washer/dryer in all units
Garage Y/NNo
Gas Y/NNatural Gas, Separate Meter Gas
Gross Income94200
HOANo
HeatingForced Air
High SchoolGreeley West
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet13051
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolPrairie Heights
Net Operating Income76317
New ConstructionNo
Number Of Units Total4
Operating Expense17883
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Subdivision NameCASCADE PARK 3RD ADD 1ST RPLT
Tax Annual Amount5943
Tax Year2024
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available, Cable Available
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.