Active

Private Address

$1,125,000


$235.75 per sqft

Active

8 Beds

8 Baths

4,772 sqft

Multi-family

Built in 2012

This meticulously maintained building, constructed in 2012, offers a unique investment opportunity in a prime location. Each of the four 2-bedroom, 2-bathroom units are identical in size and boasts desirable features such as an eat-in kitchen with a large island, in-unit laundry, gas fireplace, enclosed balcony, forced air heating, and central air-conditioning. The exterior is equally impressive, with a pristine parking lot providing two dedicated off-street parking spots for each unit. Situated in a tranquil Central Greeley neighborhood at the end of a cul-de-sac, the property is surrounded by trees and bordered by a ditch, ensuring privacy and a serene atmosphere. Despite its peaceful setting, the building is conveniently located just half a mile from Hwy 34, facilitating easy commuting. It is within walking distance of Greeley West High School, West Lake Village Shopping Center, Greeley West Park, and Greeley Lake West Reservoir. Additionally, two major medical centers, UCHealth Greeley Hospital and Banner North Colorado Medical Center, are only a short drive away. The property sits just 2 miles west of the University of Northern Colorado campus, further enhancing its appeal. Greeley's strong rent growth, sustained demand, and healthy population increase have made it a hotspot for multifamily investments and this trend is expected for years to come. According to CoStar projections, property values and rents are expected to rise significantly from 2025 through the end of the decade. This quadplex presents an excellent opportunity to acquire a high-quality asset in a promising market before competition and prices surge. Seller offering concession toward rate buy-down to enhance immediate cash flow opportunity. Contact listing agent for details. Watch supplemental property video.

5748510

MLS ID

July 3, 2024

Listed

November 21, 2024

Updated

Map

Private Address

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

8


Interior Features

Eat-in Kitchen, Open Floorplan, Kitchen Island


Appliances

Dishwasher, Refrigerator, Disposal


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.33 Acres


Exterior Features

Balcony


Architectual Style

Contemporary/Modern


Roof

Composition


Sewer

City Sewer, Public Sewer

School Information

School District

Greeley 6


High School

Greeley West


Elementary School

Meeker

Other Property Details

Area Name

Greeley/Weld


Taxes

$4,391


Tax Frequency

Annually


Days on Market

57


Garage

Yes


Garage Spaces

8


View

No


County

Weld


Water Source

City Water


Pool

No

Listed by Joshua Jackson with LIV Sotheby's International Realty
Listing Contact: [email protected],303-993-9371 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 11/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/21/2024 at 11:13 PM UTC

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