Great investment opportunity in Greeley, conveniently located near campus! This well-maintained two-unit property offers 0% vacancy. The property features two separate rental units, a shared laundry room, a detached 2-car garage, and a nice, large open lot that offers plenty of parking. NO HOA and no metro district. Currently, the… Read More owner pays all utilities and internet service for both units. Beginning with the next lease terms, utilities will be billed back to the tenants, creating an opportunity to further improve the property's operating income and reduce the owner's monthly expenses. With established tenants, strong occupancy, convenient campus proximity, and the potential to shift utility expenses to future tenants, this property offers a solid opportunity for an investor looking for a turnkey rental with additional upside.Buyer and Buyer's Agent to independently verify all information provided in this listing, including but not limited to square footage, measurements, zoning, taxes, rental amounts, lease terms and expiration dates, utility costs, property expenses, and other property information. Buyer and Buyer's Agent are responsible for conducting their own due diligence and verifying all information deemed important prior to entering into a contract or closing. Read Less
Listing Snapshot
Days Online
48
Last Updated
Property Type
Duplex
Lot Size
0.22 Acres
Year Built
1937
MLS Number
IR1066387
Additional Details
Appliances & Equipment
Dryer, Oven, Refrigerator, Washer
Basement
Full
Building
Built in 1937, Levels: Two, Construction Materials: Frame
Expenses
Operating: $7,773
Heating
Hot Water
Income
Gross Income: $2,600, Net Operating Income: $23,427, Rent Only
Lot
0.22 acres
Roof
Wood
Security Features
Smoke Detector(s)
Taxes
Parcel Number: R3490986, Annual Amount: $2,134, Legal Description: GR 3586 L11-12BLK20 ARL HTS, Year: 2025, Zoning: RES
Tenant Pays
None
Utilities
Natural Gas Available, Water Source: Public
Windows
Window Coverings
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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