1706 17th Ave, Greeley, CO 80631
- $474,500
- 1,500
- SqFt
- List Price
- $474,500
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 1056928
- Price Change
- ▼ $4,500 1778882562
- Year Built
- 1965
- Living Area
- 1,500
- Region
- Greeley/Weld
- Subdivision
- Fairacres 1st Add
Property Description
Create or grow your investment portfolio with this solid all-brick duplex offering immediate income and excellent flexibility. Duplex-style investment opportunity with strong rental upside. All-brick duplex with two spacious units totaling approximately 3,040 sq. ft. Upper unit offers 3 bedrooms and 1 bath; lower unit offers 2 bedrooms and 1 bath. Both units are freshly painted, and the lower unit has newer cabinets, updated flooring, and is clean and ready for occupancy or lease-up. Property offers a shared attached 2-car garage, shared backyard, separate electric meters, and owner currently pays water, with gas split between units. Roof has hail-resistant shingles.Current rental analysis supports estimated market rents of approximately $1,475/month for the lower 2 bed/1 bath unit and approximately $1,825/month for the upper 3 bed/1 bath unit, for a projected total market rent of approximately $3,300/month. Seller/owner rents appear to be below current market potential, creating upside for an investor or owner-occupant. Buyer could live in one unit and rent the other, or lease both units as part of an investment portfolio. Buyer and buyer's agent to verify rental rates, expenses, lease terms, and all income projections to their satisfaction.
Additional Information
- Taxes
- $2,702
- School District
- Greeley 6
- Elementary School
- Jackson
- Middle School
- Heath
- High School
- Greeley Central
- Heating
- Hot Water
- Cooling
- Window/Wall
- Utilities
- Natural Gas Available, Electricity Available
- Garage Spaces
- 2
- Tenant Pays
- Deposit, Gas, Electricity
- Zoning
- R-H
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Listing courtesy of Liz Montoya.
9704055061
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