Seller's Agent in 2021
Brad Inhulsen
NextHome Foundations
(970) 584-4144
1 in this area
170 Total Sales
1932 8th Ave Greeley, CO 80631
Arlington Heights Neighborhood
18
Beds
11
Baths
6,355
Sq Ft
14,375
Sq Ft Lot
Highlights
- No HOA
- Walk-In Closet
- Ceiling Fan
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Hot Water Heating System
About This Home
As of September 2021Opportunity is knocking at this property! Here is a great investment property to build your portfolio. Located within walking distance from UNC and Downtown Greeley this property is in the perfect location. There are 2 buildings on the property and 4 individual units, each have their own separate meters for gas and electricity. The first building was built in 1918 and is a 6 Bedroom 2 bath room house. The second building was built in 1995 and has 3 units and each of those units has 4 bedrooms and 3 bathrooms. The second building is fully leased and the first building is available for you to see. Currently the landlord is paying for the utilities in the second building but that is a great opportunity to have the tenants pay the utilities as each lease renews. Once you are able to get the tenants to take on all utilities, we expect the Cap Rate to bump up a full point to 6.05.
Last Agent to Sell the Property
NextHome Foundations License #100039511 Listed on: 07/21/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,415
Year Built
- Built in 1995
Lot Details
- 0.33 Acre Lot
- Dirt Road
- West Facing Home
- Partially Fenced Property
- Wood Fence
- Sprinkler System
Parking
- Alley Access
Home Design
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 6,355 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 18 Bedrooms
- Walk-In Closet
- 11 Bathrooms
- Primary bathroom on main floor
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Crawl Space
Location
- Mineral Rights Excluded
Schools
- Maplewood Elementary School
- Heath Middle School
- Greeley Central High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
Listing and Financial Details
- Tenant pays for deposit
Community Details
Overview
- No Home Owners Association
- 4 Units
- Arlington Heights Subdivision
Building Details
- Gross Income $77,430
- Net Operating Income $43,408
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Off Market | $865,000 | -- | -- |
| 09/30/2021 09/30/21 | Sold | $865,000 | -3.9% | $136 / Sq Ft |
| 07/21/2021 07/21/21 | For Sale | $900,000 | -- | $142 / Sq Ft |
Source: IRES MLS
Agents Affiliated with this Home
-
Brad Inhulsen
-
Christian Garcia
Seller Co-Listing Agent in 2021
Christian Garcia
Group Greeley
(970) 301-5963
1 in this area
68 Total Sales
-
Cassie Purdy
Buyer's Agent in 2021
Cassie Purdy
eXp Realty - Loveland
(970) 820-0389
1 in this area
88 Total Sales
Map
Source: IRES MLS
MLS Number: IRE946411
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.
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
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.