NOT LISTED FOR SALE

1320 7th Ave Greeley, CO 80631

Downtown Greeley Neighborhood
3 Beds
1 Bath
4,180 Sq Ft
5,000 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $779,000 $186 Per Sq Ft

70 Days on Market

Highlights

  • City View
  • Balcony
  • Baseboard Heating
  • No HOA
  • Brick Veneer
  • Laundry Facilities

About This Home

As of June 2024

LC Real Estate Group is pleased to present the opportunity to purchase the Magnolia, a six unit apartment building in Greeley, CO. The apartments are conveniently located within minutes from Downtown Greeley and the University of Northern CO with easy access to the rest of Greeley one block from 8th Ave./St Hwy 85 BUS. Desirable unit mix of two 2 Bedroom, 1 Bath and four 3 Bedroom, 1 Bath Units. Property renovated including updated facade, landscaping, interior updates.

Last Agent to Sell the Property

Dallas Landry

LC Real Estate Group, LLC Listed on: 04/15/2024

Co-Listed By

Wayne Lewis

LC Real Estate Group, LLC

Last Buyer's Agent

Wesley Perry

SVN/Denver Commercial

SVN/Denver Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1902

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,180 Sq Ft Home
  • 2-Story Property
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher

Schools

  • Maplewood Elementary School
  • Heath Middle School
  • Northridge High School

Additional Features

  • Balcony
  • Mineral Rights
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, water, sewer
  • Assessor Parcel Number R3248186

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $77,652
  • Net Operating Income $54,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,438

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Year Built: 1902
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 8LMHS
  • Subdivision Name: None
  • Directions: Form I-25 Exit 257 (US Hwy 34) toward Greeley. After 6.8 mi take the US-34 BUS exit, and continue on US -34 BUS E. turning right onto 7th Ave. Drive approx. 3 1/2 blocks. Property is between 13th and 14th St. on the east side of the street.
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4180
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Full, 90%+ Finished Basement
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Mineral Rights Included, Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel Energy
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos Energy

Condo/Co-op/Association

  • HOA Fee Includes: Trash
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood
  • HighSchool: Northridge
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: C-H
  • Lot Size Sq Ft: 5000
  • Parcel #: R3248186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Water, Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4438

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 77652
  • Income Includes: ["Lease/Rents","Common Area Fees","Laundry"]
  • Annual Operating Expense: 23572

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $779,000 -0.8% $186 / Sq Ft
04/15/2024 04/15/24 For Sale $785,000 -- $188 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dallas Landry

    Seller's Agent in 2024

    Dallas Landry

    LC Real Estate Group, LLC

    (970) 581-0679

    1 in this area

    17 Total Sales

    Dallas Landry
    Section Image
  • Wayne Lewis

    Seller Co-Listing Agent in 2024

    Wayne Lewis

    LC Real Estate Group, LLC

    (970) 440-3250

    1 in this area

    43 Total Sales

    Wayne Lewis
    Section Image
  • Wesley Perry

    Buyer's Agent in 2024

    Wesley Perry

    SVN/Denver Commercial

    (970) 222-5572

    1 in this area

    5 Total Sales

    Wesley Perry
    Section Image
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Map

Source: IRES MLS

MLS Number: 1007218

IRES MLS

Colorado Weld County Greeley 80631 Downtown Greeley

1320 7th Ave, Greeley, CO

This home is located at 1320 7th Ave, Greeley, CO 80631 since 15 April 2024. This property was built in 1902. 1320 7th Ave is a home located in Weld County with nearby schools including Maplewood Elementary School, Heath Middle School, and Northridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS 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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