$550,500
PENDING $20K PRICE DROP

Estimated payment $3,139/month

Total Views 3,014
7 Beds
6 Baths
4,038 Sq Ft
$136 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Partially Fenced Property
  • Meadows Elementary School Rated A-
  • Hot Water Heating System
  • 4-minute walk to Swanson Kiwanis Park

About This Home

New Price! Stabilized 6-Unit Investment Near DowntownFully occupied by long-term, reliable tenants on month-to-month leases, this property offers immediate cash flow. Includes five 1BD/1BA units and one 2BD/1BA with strong rental history. Well-maintained and close to transit and amenities, with value-add potential through future upgrades. Ideal low-maintenance asset for investors. Buyer to verify square footage and schools.

Listing Agent

Michele Gerbitz

True Abundance Prop Management Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1882

Lot Details

  • 8,625 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 4,038 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Schools

  • Maplewood Elementary School
  • Franklin Middle School
  • Northridge High School

Additional Features

  • Deck
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R3003586

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Greeley Subdivision

Building Details

  • Gross Income $68,256
  • Net Operating Income $60,435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Inclusions: No Units Furnished,Window Coverings,Electric Range/Oven,Refrigerator,All Appliances,Disposal,Smoke Alarm(s)
  • Year Built: 1882
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: Greeley
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4038
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, All Appliances, Disposal
  • Has Basement: Partially Finished
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Interior Amenities: Outside Entry
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint Disclosure
  • Home Warranty: No
  • Construction Type: Stucco
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Electricity On Property: No
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Master Meter-Gas, Atmos Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Land Lease Amount Frequency: Monthly,Other--See Remarks
  • Lot Size Sq Ft: 8625
  • Parcel #: R3003586
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2788

Multi Family

  • Number Of Units Total: 6
  • Number Of Units Furnished: None
  • Annual Gross Income: 68256
  • Income Includes: ["Lease/Rents"]
  • Total Actual Rent: 5300

Map

Range of Values:

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Value Increase
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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 List to Sale Price per Sq Ft
10/04/2025 10/04/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $550,500 -3.5% $136 / Sq Ft
06/23/2025 06/23/25 For Sale $570,500 -- $141 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1037523

IRES MLS

APN: 0961-06-4-16-004