Greeley, CO 80631 1509 3rd Ave
$1,360,000
4 more
Presented By: Unique Properties; 3033215888
Beds • 8
Baths • 8
SQFT • 4,446
Home Details
Conveniently situated less than half a mile from the University of Northern Colorado, 1509 3rd Ave in Greeley is a 8-unit apartment building, including eight one-bedroom, one-bathroom residences. Built in 1973 with classic brick construction and a composition shingle pitched roof, this property has undergone a complete renovation, featuring updated flooring, cabinets, countertops, and bathrooms. The property was improved with several capital expenditure upgrades over the last year with new windows, a refreshed painted exterior, new parking lot, and perimeter fence. Each unit boasts individual AC units for personalized comfort. With its prime location 1509 3rd Ave presents a turnkey investment opportunity with immediate cashflow.
Presented By: Unique Properties; 3033215888
Interior Features for 1509 3rd Ave
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 1509 3rd Ave
Attached Garage No
Cap Rate6.87
CityGreeley
Construction MaterialsBrick/Brick Veneer
CountyWeld
ElectricElectric
Elementary SchoolMaplewood
ExclusionsSeller and Tenants personal property.
Garage Y/NNo
Gross Income127893.41
HOANo
HeatingBaseboard
High SchoolNorthridge
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsBi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet9148
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolFranklin
Net Operating Income123267.41
New ConstructionNo
Number Of Units Total8
Operating Expense4626
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Subdivision NameHall & Morger Add
Tax Annual Amount4626
Tax Year2024
Tenant PaysElectricity
UtilitiesElectricity Available
Year Built1973
ZoningR-H
Exterior for 1509 3rd Ave
Horse Y/NNo
Lot Size Acres0.21
Lot Size Area9148
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water, City
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Northridge High School
Middle School
Franklin Middle School
Elementary School
Maplewood Elementary School
