Greeley, CO 80631 615 18th St

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Presented By: Khaya Real Estate LLC; Lisa@KhayaRealEstate.com,303-931-0689
  • MLS# 6237054
  • 07/15/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 2
  • SQFT • 2,240
  • Garage • 3

Home Details

Calling all Investors looking to add a Charming, Updated and Cash Flowing Asset to their portfolio! This is a TRUE 7.2% CAP RATE! This charming bungalow is currently situated as a Duplex with two lovely tenants (one has been there 3+ years and both want to stay). You can also turn the home back into a spacious SFR with MIL suite if preferred. Use as a college rental and rent per room for added income. Possibilities are endless with this adorable, well maintained property. The upper unit has wonderful curb appeal with fresh paint, a new front door and inviting covered patio. Inside offers updated luxury vinal flooring, large living and dinning areas and generous windows bosting lots of natural light. This home also offers a large kitchen, three spacious bedrooms with vaulted ceilings, original wood trim and and updated full bathroom. The lower unit enjoys a designated off-street parking spot right outside the private fenced yard with a wonderful mature maple tree. Step inside through a spacious laundry and storage room to two possible entrances. One invites you into a useful mudroom with updated bath, open concept kitchen and living room. The other entrance takes you right into a bedroom or home office. Both connect to the other bedroom and living area. Again, the possibilities are endless with this unit and property. There are several updates that make owning this home a breeze: Newer AC!!! New paint, new siding, newer windows, LVP in both units, newer water heater (2018), all updated bathrooms and band new washer and dryer! The yard was recently zero scaped for ease of maintenance and lower water costs. This truly is an Investor's Dream Asset.
Presented By: Khaya Real Estate LLC; Lisa@KhayaRealEstate.com,303-931-0689

Interior Features for 615 18th St

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1232
Air Conditioning Y/NYes
BasementPartially Finished
Below Grade Finished Area1008
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area

General for 615 18th St

Architectural StyleRanch
Attached Garage No
Cap Rate7.199999809
CityGreeley
Construction MaterialsWood/Frame, Vinyl Siding, Stucco
CoolingCentral Air
CountyWeld
ElectricMaster Meter-Electric
Elementary SchoolMaplewood
ExclusionsTenants personal property
Garage Spaces3
Garage Y/NYes
Gas Y/NMaster Meter-Gas
Gross Income35700
HOANo
HeatingForced Air
High SchoolGreeley Central
High School DistrictGreeley 6
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet5663
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Middle/Junior High SchoolHeath
Net Operating Income29012
New ConstructionNo
Number Of Units Total2
Operating Expense6688
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories Count1
Structure TypeDuplex
Subdivision NameArlington Heights
Tax Annual Amount1688
Tax Year2024
Year Built1914
ZoningRH

Exterior for 615 18th St

Building Area Total2240
Covered Spaces3
Exterior AmenitiesBalcony
FencingFenced
Horse Y/NNo
Lot FeaturesGutters
Lot Size Acres0.13
Lot Size Area5663
Other ParkingParking Per Unit(1.5 Spaces/Unit)
SpaNo
Water SourceCity Water
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Greeley Central High School
Elementary School Maplewood Elementary School
Middle School Heath Middle School

Jon Holsten

Price $405,000
MLS#6237054
List Date 07/15/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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