NOT LISTED FOR SALE

1509 3rd Ave Greeley, CO 80631

Sunrise Neighborhood
-- Bed
-- Bath
4,446 Sq Ft
9,550 Sq Ft Lot

Last Sold August 17, 2022

Last sale price $880,000 $198 Per Sq Ft

52 Days on Market

Highlights

  • City View
  • Balcony
  • Air Conditioning
  • No HOA
  • Brick Veneer
  • Dining Room

About This Home

As of August 2022

Very nice investment property! Eight-unit building, one bedroom one bath, four units upstairs and four units on the main level. Off street parking, fully occupied, quick easy access to Hwy 85 bypass. Upper-level units have ac window units, lower-level ac units are tenant owned. Six leases are month to month tenancies, one is up 5-31-22, and the other 1-31-23. Mineral rights included. Buyer should verify ALL measurements. T.R.I. Employing Broker is related to the Seller.

Last Agent to Sell the Property

Andrew Martinez

T.R.I. Listed on: 04/18/2022

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1973

Lot Details

  • 9,550 Sq Ft Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,446 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • City Views
  • Storm Doors
  • Electric Oven or Range

Schools

  • East Memorial Elementary School
  • Brentwood Middle School
  • Greeley Central High School

Utilities

  • Air Conditioning
  • Radiant Heating System

Additional Features

  • Balcony
  • Mineral Rights

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R3232786

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Hall & Morger Subdivision

Building Details

  • Gross Income $70,500
  • Net Operating Income $51,263

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,102

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Year Built: 1973
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: HALL & MORGER
  • Directions: From Hwy 85 bypass turn west on 16th Street then north on 2nd Avenue to 15th Street. Turn west on 15th Street to 3rd Avenue, turn south and building will be on the west side of the street.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4446
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Door Features: Storm Door(s)
  • Interior Amenities: Separate Dining Room
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Included, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel Energy
  • Heating: Radiant
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Greeley
  • Gas Company: Natural Gas, Atmos Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: East Memorial
  • HighSchool: Greeley Central
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Brentwood

Lot Info

  • Zoning: R-H
  • Lot Size Sq Ft: 9550
  • Parcel #: R3232786
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5101.66

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 70500
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 19236.66

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/17/2022 08/17/22 Sold $880,000 0.0% $198 / Sq Ft
07/31/2022 07/31/22 Off Market $880,000 -- --
06/09/2022 06/09/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $1,080,000 -- $243 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrew Martinez

    T.R.I.

    (970) 539-3565

    2 in this area

    15 Total Sales

    Andrew Martinez
    Section Image

  • N

    Buyer's Agent in 2022

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: 963193

IRES MLS
Colorado Weld County Greeley 80631 Sunrise

1509 3rd Ave, Greeley, CO

This home is located at 1509 3rd Ave, Greeley, CO 80631 since 18 April 2022. This property was built in 1973. 1509 3rd 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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