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1820 8th Ave

Greeley, CO 80631

5 beds
3 baths
– sqft
9,500 sqft lot
1906 build
– on site

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Unlock the potential of your real estate portfolio with this strategically positioned duplex, a lucrative investment opportunity within a stone's throw of the vibrant heartbeat of the UNC campus. Situated in a coveted neighborhood known for its academic energy, this property is not just a home; it's a gateway to consistent rental income and long-term growth. CASH FLOW OPPORTUNITY - 6.6% Cap rate! NEW FURNACE AND WATER HEATER. $2,800/MONTH IN RENT. We're pleased to offer this up/down legal duplex located steps from the University of Northern Colorado in a RH Density zoning. Situated a minute's walk from campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center, this income producing property will appeal to a variety of potential tenants with great marketability. Offering a sprinklered yard, spacious lot, and storage shed with alley access, adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements. Unit 1- rented for 1 year at $2,000 per month. Unit 2- rented for 1 year at $800. Annual insurance premium is $1,458. Whether you are a seasoned investor looking to diversify your portfolio or a newcomer seeking a solid entry point, this duplex near the university campus stands as a testament to the adage that real estate is about location, and this location is poised for success in the lucrative student housing market. Seize the opportunity to maximize your returns with this prime duplex investment property.

Listing courtesy of IRES

Last checked: Checking… • Last updated Aug 2, 2024 •

MLS# 1000984 —

The Building

Year Built:

1906
New Construction:

false
Construction Materials:

Wood/Frame
Architectural Style:

Cottage/Bung
Structure Type:

Legal Conforming
Total SqFt:

1968
Roof:

Composition
Entry Location:

Outside Entry
Levels:

Two
Stories:

2
# of Units Total:

2
Basement:

Full
Direction Faces:

West
Window Features:

Wood Frames
Patio And Porch Features:

Patio
Accessibility Features:

Level Lot
Green Energy Efficient:

Southern Exposure

Interior

Interior Features:

Eat-in Kitchen
Laundry Features:

Washer/Dryer Hookups

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash
Tenant Pays:

Deposit

Location

Coordinates:

-104.69062, 40.40919
Latitude:

40.40919
Longitude:

-104.69062

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Parcel Number:

R3296986
Lot Features:

Curbs
Lot Size Acres:

0.22
Lot Size SqFt:

9500
Lot Size Area:

9500
Lot Size Units:

Square Feet
Zoning:

RH
View:

City
Possible Use:

Single Family
Exclusions:

Seller's and tenant's personal property.
Horse:

false
Fencing:

Partial
Other Structures:

Storage
Water Source:

City Water, City Of Greeley
Waterfront:

false
Road Frontage Type:

City Street
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

1769

Beds

Bedrooms Total:

5

Baths

Total Baths:

3

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Atmos
Electric:

Electric, Xcel
Sewer:

City Sewer

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Cameron
Middle Or Junior School:

Heath
High School:

Greeley Central
High School District:

Greeley 6

The Community

Subdivision Name:

Arlington Heights
Association:

false
Spa:

false
Senior Community:

false

Parking

Parking Features:

Alley Access
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

4
Total Baths Unit 1:

2
Bedrooms Unit 2:

1
Total Baths Unit 2:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Source	Price
3/8/24 Mar 8, 2024	RECOLORADO	$410,000
1/14/24 Jan 14, 2024	RECOLORADO	$410,000
1/4/24 Jan 4, 2024	RECOLORADO	$410,000

Multifamily Sold on 3/29/2024

$385,000

Listing provided by broker:

Nicholas Bukowski

9702197096

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Listing Courtesy of: IRES

TERMS OF USE: 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

1820 8th Ave

Greeley, CO 80631