Greeley, CO 80631,1124 10th ST
Greeley, CO 80631,1124 10th ST
Greeley, CO 80631,1124 10th ST
40
$515,000
$535,000
3.7%
Est.Price: ?

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1124 10th ST Greeley, CO 80631

Est. payment /mo
SOLD DATE : 12/31/2021

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Key Details

Sold Price $515,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Subdivision Greeley City

MLS Listing ID IR949859

Sold Date 12/31/21

HOA Y/N No

Originating Board recolorado

Year Built 1925

Annual Tax Amount $2,199

Tax Year 2020

Acres 0.15

Property Description

6.01% CAP Rate! This is a mixed use 4-plex that is zoned C-H, close to downtown and city buildings. A property management company occupies the main floor & currently manages the property. The commercial tenant is in 4th-yr of a 5-yr lease w/scheduled rent increases. There are 2 studio apts. and a 2-bed, 2-bath apt. in the bsmt. Room for rent increases and a change to tenants paying the utilites in the next set of leases could increase the CAP rate. A coin-op laundry for tenants use (2 sets). It has 7 parking spaces on site for tenant's use. All furnaces and AC units have been replaced in the last two years. The roof was replaced in 2020. The sewer line was replaced in 2021.

Location

State CO

County Weld

Zoning C-H

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 7

Building

Lot Description Sprinklers In Front

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

Schools

Elementary Schools Maplewood

Middle Schools Heath

High Schools Greeley Central

School District Greeley 6

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by MB/Brazelton Realty Inc • 9703510405
Bought with Shorewood Real Estate NOCO

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Jerid Wempen

Broker

+1(720) 297-4020

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