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Key Facts

Type Attached
Levels Residential Income
Size -
Garage No
Taxes $3,404
Days Active 26
Lot Size 
Approx. Age 1880
MLS® Number 1032142

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Multifamily Investment Opportunity - 7.11% Cap Rate in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive 7.11% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. 100% Occupancy with tenants on solid 12-month leases, most units remodeled in 2024 down to the studs (featuring new windows, updated kitchens, bathrooms, appliances, flooring, paint, and fixtures), fresh exterior paint and recent landscaping, deck upgrades completed in 2024, & strong rental history with professional management in place. Shared laundry room for units 1-4, and unit 5 (built in 1990) has their own laundry room in unit. Tenants pay separately metered electricity. Landlord pays water/trash/common electric. Whether you're expanding your portfolio or entering the multifamily market, this turn-key property checks all the boxes for income-producing real estate in Northern Colorado. Don't miss this opportunity-schedule a tour or request the full financials today.Show Description
MLS® Number1032142
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
ExteriorLighting
GarageNo
Approx. Age1880
BasementUnfinished
DrivewayAlley Access
Garage Spaces
HeatBaseboard, Wall Furnace
A/CRoom Air Conditioner
Heating Fuel

Extras

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