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1825 7th Ave # Various Greeley, CO 80631
- Other / Resale (MLS)
Property Details for 1825 7th Ave # Various, Greeley, CO 80631
Features
- Price/sqft: $204
- Lot Size: 0.22 acres
- Total Rooms: 8
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3
- Heating: Fireplace
Facts
- Year Built: 01/01/1910
- Property ID: 938749160
- MLS Number: 1021960
- Property Type: Other
- County: WELD
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. The Arlington Heights multi-unit house is conveniently located 1 block from the UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD,1 BTH, One 1 BD, 1 BTH non-conforming rear entry main floor unit, and One 2 BD, 1 BTH basement unit. Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall average rent of $750 per bedroom, detached parking garage leased for $75/month, and pet rent of $35/month. Financial Summary: 7.9% Annual all cash return (Cap rate), 9.5% Cash on Cash, and 11.4 Gross Rent Multiple. Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. Unit(s) include central air, ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. Unit(s) include 2 door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica and solid surface counters, and laminate wood flooring. Location Amenities: Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment.
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Property Brokerage:
LC Real Estate Group, LLC
1712 Topaz Dr
Loveland
CO
80537
Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.