1550 E 18th St Unit 3 Greeley, CO 80631
Estimated payment $7,121/month
Total Views
12,685
--
Bed
--
Bath
6,414
Sq Ft
$187
Price per Sq Ft
Highlights
- No HOA
- Partially Fenced Property
- 1-Story Property
- Forced Air Heating and Cooling System
About This Home
Multi-family property for investor or owner/user. Three homes, plus 20 RV storage sites, plus 1000 steel shed with 12' overhead door can be rented out as well. City water and decreed well service the property along with septic systems. Potential re-purpose for more business income, add more storage etc. Seller accepts cash or lender financing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,606
Year Built
- Built in 1999
Lot Details
- 2.57 Acre Lot
- Partially Fenced Property
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 6,414 Sq Ft Home
- 1-Story Property
- Unfinished Basement
- Partial Basement
Schools
- Bella Romero Elementary School
- Chappelow Middle School
- Greeley Central High School
Utilities
- Forced Air Heating and Cooling System
- Septic System
Listing and Financial Details
- Assessor Parcel Number R0122095
Community Details
Overview
- No Home Owners Association
- Keemc Sub Subdivision
Building Details
- Gross Income $80,796
- Net Operating Income $67,590
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,689 | $42,340 | $23,420 | $18,920 |
| 2024 | $1,689 | $42,340 | $23,420 | $18,920 |
| 2023 | $1,533 | $39,080 | $18,360 | $20,720 |
| 2022 | $2,018 | $31,490 | $14,560 | $16,930 |
| 2021 | $2,157 | $32,050 | $14,650 | $17,400 |
| 2020 | $1,899 | $29,280 | $13,270 | $16,010 |
| 2019 | $1,917 | $29,280 | $13,270 | $16,010 |
| 2018 | $1,314 | $22,410 | $10,010 | $12,400 |
| 2017 | $1,321 | $22,410 | $10,010 | $12,400 |
| 2016 | $609 | $13,960 | $4,180 | $9,780 |
| 2015 | $609 | $13,960 | $4,180 | $9,780 |
| 2014 | $581 | $7,770 | $3,350 | $4,420 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | For Sale | $1,200,000 | -- | $187 / Sq Ft |
Source: IRES MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
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This specialty property, a frat house, offers high income, the benefit of a single joint and several net lease with 11 co-signers. If you think such a property presents risk, think again. The joint and several lease provides much greater security than a comparable property like a 4-plex. The bottom line, the property offers unique security of the income stream compared to conventional housing
William Sheridan SFinvest Real Estate
Source: IRES MLS
MLS Number: 1014176
APN: R0122095
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.
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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