Greeley, CO 80631 1412 7th Ave 1-5

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Presented By: Oneway.realty; 9705155004
  • MLS# 1032142
  • 04/23/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 5
  • SQFT • 2,957

Home Details

Turnkey Multifamily Investment Opportunity - 7.11% Cap Rate in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive 7.11% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. 100% Occupancy with tenants on solid 12-month leases, most units remodeled in 2024 down to the studs (featuring new windows, updated kitchens, bathrooms, appliances, flooring, paint, and fixtures), fresh exterior paint and recent landscaping, deck upgrades completed in 2024, & strong rental history with professional management in place. Shared laundry room for units 1-4, and unit 5 (built in 1990) has their own laundry room in unit. Tenants pay separately metered electricity. Landlord pays water/trash/common electric. Whether you're expanding your portfolio or entering the multifamily market, this turn-key property checks all the boxes for income-producing real estate in Northern Colorado. Don't miss this opportunity-schedule a tour or request the full financials today.
Presented By: Oneway.realty; 9705155004

Interior Features for 1412 7th Ave 1-5

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementUnfinished
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Window FeaturesWindow Coverings

General for 1412 7th Ave 1-5

AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, All Appliances
Attached Garage No
Cap Rate7.11
CityGreeley
Construction MaterialsWood/Frame
CoolingRoom Air Conditioner
CountyWeld
ElectricElectric, XCEL
Elementary SchoolMaplewood
Garage Y/NNo
Gross Income67440
HOANo
HeatingBaseboard, Wall Furnace
High SchoolNorthridge
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsOne and One Half
Living Area UnitsSquare Feet
Lot Size Square Feet9500
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolHeath
Net Operating Income54036
New ConstructionNo
Number Of Units Total5
Operating Expense13404
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1.5
Subdivision NameBeer & Thomas Sub
Tax Annual Amount3404
Tax Year2024
Tenant PaysElectricity
Unit Number1-5
UtilitiesElectricity Available
Year Built1880
ZoningC-H

Exterior for 1412 7th Ave 1-5

Exterior AmenitiesLighting
FencingPartial, Fenced, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks
Lot Size Acres0.22
Lot Size Area9500
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Greeley
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Northridge High School
Elementary School Maplewood Elementary School
Middle School Heath Middle School

Jon Holsten

Price $760,000
MLS#1032142
List Date 04/23/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
Visit My Website

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