1825 7th Avenue Unit Various
Greeley, CO 80631
- – beds
- – baths
- – sqft
- 9,500 sqft lot
- 1910 build
- – on site
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 separately leased for $150/month, and pet rent of $35/month. Financial Summary: 7.5% Annual all cash return (Cap rate) and excellent 12.0 year return of purchase price to annual gross rents (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.
Listing courtesy of LC Real Estate Group, LLC
Last checked:
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Last updated Nov 9, 2024
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MLS# IR1021960 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1910
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Construction Materials:Wood Frame, Wood Siding
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Patio And Porch Features:Patio
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Window Features:Double Pane Windows, Window Coverings
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Roof:Composition
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Basement:true
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Levels:Tri-Level
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Building Area Total:3008
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Building Area Source:Other
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Property Attached:true
Interior
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Interior Features:Walk-In Closet(s)
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Fireplaces Total:1
Location
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Directions:From I-25, Exit 257 (US 34 E) toward Greeley. After 6.8 mil, take the US-34 BUS exit, and continue on US-34 BUS E., turning right onto 7th Ave. Drive approx. 8 1/2 block. Property is between 17th and 18th St. on west side of street.
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Latitude:40.40889
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Longitude:-104.68951
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:R3298286
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Possible Use:Multi-Family, Residential
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Zoning:RH
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Lot Size Acres:0.22
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Lot Size SqFt:9500
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Fencing:Fenced, Partial
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Road Frontage Type:Public
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Road Surface Type:Alley Paved, Paved
Listing Agent
- Contact info:
- Agent phone:
- (303) 588-8808
- Office phone:
- (970) 667-7000
Taxes
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Tax Year:2024
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Tax Annual Amount:2148
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Tax Legal Description:GR3401 L13-14 BLK9 ARLINGTON HEIGHTS
Heating & Cooling
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Heating:Forced Air
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Schools
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Elementary School:Maplewood
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Elementary School District:Greeley 6
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Middle Or Junior School:Heath
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High School:Greeley Central
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High School District:Greeley 6
The Community
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Subdivision Name:Arlington Heights
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.