929 5th St, Greeley, CO 80631

$399,000
4
BD
3
BA
2,470
SqFt

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List Price
$399,000
Status
ACTIVE
MLS#
1049307
Year Built
1903
Bedrooms
4
Bathrooms
3
Living Area
2,470
Region
Greeley/Weld
Subdivision
Greeley City

Property Description

Investors! BRAND NEW ROOF! First of 3 multifamily properties being sold as a package for a discount or independently. This triplex has $35000 rental income per year from this triplex in very good condition with great returns. Main level, upstairs and lower level are nicely updated but the house retains many of the original charming features including hardwood flooring and woodwork. The basement has its private entrance, nice tile and livable. Vacancy rate is almost zero, very easy to find good tenants who stay a long time. Contact the agent for rent roll. Greeley is affordable and nice properties like this get strong tenants who can afford the rent. Property is on a massive 9500sf corner lot and it's possible Greeley would let you build another house or convert the non usable garage to a coach house for additional income. The second triplex is just blocks away with higher rent roll for larger units. The third unit is a duplex, all in good condition with a possibility to use owner carry terms.

Additional Information

Taxes
$2,006
Style
Victorian
School District
Greeley 6
Elementary School
Billie Martinez
Middle School
Heath
High School
Northridge
Heating
Forced Air, Baseboard
Utilities
Natural Gas Available, Electricity Available
Garage Spaces
1
Zoning
RES

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Calculator source: Real Geeks

Listing courtesy of Carrie Hill.

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