NOT LISTED FOR SALE
5 Beds
5 Baths
4,952 Sq Ft
0.38 Acres

Last Sold March 09, 2021

Last sale price $1,485,000 $300 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Patio
  • Forced Air Heating and Cooling System
  • Brick Veneer

About This Home

As of March 2021

Fantastic location for this well maintained multi-family. Grocery, shops, schools and parks are walkable. This property has two buildings with 4 units in each. Tenants pay utilities. New roof and gutters in 2018. Many of the A/C units, furnaces and water heaters have been replaced.

Last Agent to Sell the Property

Mark Kennedy

RE/MAX Elevate Listed on: 02/01/2021

RE/MAX Elevate

Co-Listed By

Tom Kalinski

RE/MAX of Boulder, Inc

Last Buyer's Agent

Todd Galbate

Group Harmony

Group Harmony

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,979

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Sprinkler System

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,952 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Schools

  • Meeker Elementary School
  • Heath Middle School
  • Greeley West High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R2372886

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Cascade West Subdivision

Building Details

  • Gross Income $117,480
  • Net Operating Income $90,944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,979

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: BOUL
  • Subdivision Name: CASCADE WEST SUBDIVISION
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4952
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Partial
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • 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

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: Meeker
  • HighSchool: Greeley West
  • Junior High Dist: Greeley 6
  • Middle Or Junior School: Heath

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 16367
  • Parcel #: R2372886
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4979

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 117480

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 List to Sale Price per Sq Ft Prior Sale
06/07/2022 06/07/22 Off Market $1,485,000 -- --
03/09/2021 03/09/21 Sold $1,485,000 -12.6% $300 / Sq Ft
02/01/2021 02/01/21 For Sale $1,700,000 +131.3% $343 / Sq Ft
01/28/2019 01/28/19 Off Market $735,000 -- --
03/23/2015 03/23/15 Sold $735,000 -2.0% $106 / Sq Ft View Prior Sale
02/21/2015 02/21/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $750,000 -- $108 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 932485

IRES MLS