Seller's Agent in 2023
Ian Johnston
C3 Real Estate Solutions, LLC
(970) 460-4006
1 in this area
129 Total Sales
1229 10th St Greeley, CO 80631
City Center Neighborhood
6
Beds
4
Baths
2,719
Sq Ft
6,098
Sq Ft Lot
Highlights
- Open Floorplan
- Main Floor Bedroom
- No HOA
- Colonial Architecture
- Corner Lot
- Brick Veneer
About This Home
As of April 2023Fantastic Investment Opportunity! SELLER OFFERING 12K towards closing costs or rate buy down - allowing for additional cash flow for the first 2 years! Continue renting out all four units or live in one unit and rent out the other three units, great option for residential owner occupant financing. Amazing downtown Greeley location less than a mile from the University of Northern Colorado. This two-story 4-plex offers a great unit mix of two units with 2 bedrooms and 1 bath and the additional two units feature 1 bedroom and 1 bath. Selling at a 6 CAP with the ability to raise CAP rate to high 7's very quickly with updates that have been done and expiring leases! Walk or bike to shopping, schools, and restaurants. The one bedroom units feature 1 full bath, an open concept living and kitchen area, and multiple closets. The two bedroom units feature 1 full bath, an open concept dining and living area, kitchen, and multiple closets. Property includes a common laundry area with coin-operated washer and dryer included. There is room for rental increases for all four units. The property comes with reserved off-street parking and additional on street parking. Call 970-460-4006 to schedule a showing or for additional information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,126
Year Built
- Built in 1885
Lot Details
- 6,000 Sq Ft Lot
- South Facing Home
- Partially Fenced Property
- Corner Lot
- Level Lot
- Sprinkler System
Parking
- Driveway Level
Home Design
- Colonial Architecture
- Contemporary Architecture
- Property Attached
- Brick Veneer
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2,719 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Crawl Space
Kitchen
- Electric Oven or Range
- Microwave
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
- Primary bathroom on main floor
- Walk-in Shower
Schools
- Maplewood Elementary School
- Heath Middle School
- Northridge High School
Utilities
- Air Conditioning
- Gravity Heating System
- High Speed Internet
- Satellite Dish
- Cable TV Available
Additional Features
- Green Energy Fireplace or Wood Stove
- Patio
Listing and Financial Details
- Tenant pays for deposit, gas, electricity
- Assessor Parcel Number R3018186
Community Details
Overview
- No Home Owners Association
- 4 Units
- Greeley City Subdivision
Building Details
- Gross Income $46,040
- Net Operating Income $36,585
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $544,000 | -13.0% | $200 / Sq Ft | |
| 11/10/2022 11/10/22 | For Sale | $625,000 | +27.3% | $230 / Sq Ft | |
| 06/02/2020 06/02/20 | Off Market | $491,000 | -- | -- | |
| 03/02/2020 03/02/20 | Sold | $491,000 | +2.3% | $196 / Sq Ft | View Prior Sale |
| 01/22/2020 01/22/20 | For Sale | $479,900 | +6.7% | $192 / Sq Ft | |
| 02/28/2019 02/28/19 | Off Market | $449,913 | -- | -- | |
| 11/29/2018 11/29/18 | Sold | $449,913 | 0.0% | $180 / Sq Ft | View Prior Sale |
| 10/31/2018 10/31/18 | Pending | -- | -- | -- | |
| 10/24/2018 10/24/18 | For Sale | $449,913 | -- | $180 / Sq Ft |
Source: IRES MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,125 | $31,970 | $2,630 | $29,340 |
| 2024 | $3,125 | $31,970 | $2,630 | $29,340 |
| 2023 | $2,980 | $40,930 | $2,840 | $38,090 |
| 2022 | $2,965 | $34,000 | $2,220 | $31,780 |
| 2021 | $3,126 | $35,750 | $2,340 | $33,410 |
| 2020 | $1,872 | $21,470 | $1,740 | $19,730 |
| 2019 | $1,876 | $21,470 | $1,740 | $19,730 |
| 2018 | $1,804 | $21,780 | $1,430 | $20,350 |
| 2017 | $1,814 | $21,780 | $1,430 | $20,350 |
| 2016 | $824 | $11,140 | $1,190 | $9,950 |
| 2015 | $821 | $11,140 | $1,190 | $9,950 |
| 2014 | $637 | $8,430 | $690 | $7,740 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Johnston
-
Peter Clay
P
Seller Co-Listing Agent in 2023
Peter Clay
C3 Real Estate Solutions, LLC
(602) 615-5114
1 in this area
75 Total Sales
-
Michael El-Bitar
M
Buyer's Agent in 2023
Michael El-Bitar
West and Main Homes Inc
(970) 471-9887
1 in this area
1 Total Sale
-
Michael Barton
Seller's Agent in 2020
Michael Barton
Resident Realty North Metro
(970) 820-0545
1 in this area
60 Total Sales
-
Matthew Revitte
Seller's Agent in 2018
Matthew Revitte
Pro Realty Old Town
(800) 224-4709
4 in this area
50 Total Sales
Map
Source: IRES MLS
MLS Number: IRE978628
APN: 0961-06-4-26-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
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