K
Seller's Agent in 2021
Kendal Brazelton
MB/Brazelton Realty Inc
(970) 302-0480
47 Total Sales
1124 10th St Greeley, CO 80631
2
Beds
5
Baths
3,510
Sq Ft
6,500
Sq Ft Lot
About This Home
As of December 20216.01% CAP Rate! This is a mixed use 4-plex that is zoned C-H, close to downtown and city buildings. A property management company occupies the main floor & currently manages the property. The commercial tenant is in 4th-yr of a 5-yr lease w/scheduled rent increases. There are 2 studio apts. and a 2-bed, 2-bath apt. in the bsmt. Room for rent increases and a change to tenants paying the utilites in the next set of leases could increase the CAP rate. A coin-op laundry for tenants use (2 sets). It has 7 parking spaces on site for tenant's use. All furnaces and AC units have been replaced in the last two years. The roof was replaced in 2020. The sewer line was replaced in 2021.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,199
Year Built
- Built in 1925
Lot Details
- 6,500 Sq Ft Lot
- Property fronts a highway
- Sprinkler System
Home Design
- Property Attached
- Composition Roof
- Stucco
Interior Spaces
- 3,510 Sq Ft Home
- 2-Story Property
- Window Treatments
- Partial Basement
Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 5 Bathrooms
Laundry
- Dryer
- Washer
Location
- Mineral Rights Excluded
Schools
- Maplewood Elementary School
- Heath Middle School
- Greeley Central High School
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Tenant pays for deposit, cpi annual escalation
- Assessor Parcel Number R3035886
Community Details
Overview
- No Home Owners Association
- 4 Units
- Greeley City Subdivision
Building Details
- Gross Income $42,970
- Net Operating Income $32,144
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2022 04/03/22 | Off Market | $515,000 | -- | -- |
| 12/31/2021 12/31/21 | Sold | $515,000 | -3.7% | $147 / Sq Ft |
| 10/13/2021 10/13/21 | Price Changed | $535,000 | -5.3% | $152 / Sq Ft |
| 08/30/2021 08/30/21 | For Sale | $565,000 | +114.0% | $161 / Sq Ft |
| 01/28/2019 01/28/19 | Off Market | $264,000 | -- | -- |
| 08/26/2015 08/26/15 | Sold | $264,000 | -7.4% | $73 / Sq Ft |
| 07/27/2015 07/27/15 | Pending | -- | -- | -- |
| 06/18/2015 06/18/15 | For Sale | $285,000 | -- | $79 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Laina Maule
The Pointe Real Estate LLC
(720) 339-6084
136 Total Sales
-
Seller's Agent in 2015
Billy Miles
Group Mulberry
(970) 631-4441
117 Total Sales
-
Seller Co-Listing Agent in 2015
Mark Miles
Group Mulberry
(970) 227-8887
77 Total Sales
Map
Source: IRES MLS
MLS Number: 949859
APN: 0961-06-4-32-012
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Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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