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Bob Engel

[email protected] +1(303) 638-0780

$ 1,125,000

Est. payment -/mo

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2173 35th Avenue CT Greeley, CO 80634

8 Beds

8 Baths

4,772 SqFt

UPDATED:

09/24/2024 03:41 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,772 sqft

Price per Sqft $235

Subdivision Anderson Sub Greeley

MLS Listing ID 5748510

Style Contemporary

Bedrooms 8

HOA Y/N No

Originating Board recolorado

Year Built 2012

Annual Tax Amount $4,391

Tax Year 2023

Lot Size 0.330 Acres

Acres 0.33

Property Description

This meticulously maintained building, constructed in 2012, offers a unique investment opportunity in a prime location. Each of the four 2-bedroom, 2-bathroom units are identical in size and boasts desirable features such as an eat-in kitchen with a large island, in-unit laundry, gas fireplace, enclosed balcony, forced air heating, and central air-conditioning. The exterior is equally impressive, with a pristine parking lot providing two dedicated off-street parking spots for each unit. Situated in a tranquil Central Greeley neighborhood at the end of a cul-de-sac, the property is surrounded by trees and bordered by a ditch, ensuring privacy and a serene atmosphere. Despite its peaceful setting, the building is conveniently located just half a mile from Hwy 34, facilitating easy commuting. It is within walking distance of Greeley West High School, West Lake Village Shopping Center, Greeley West Park, and Greeley Lake West Reservoir. Additionally, two major medical centers, UCHealth Greeley Hospital and Banner North Colorado Medical Center, are only a short drive away. The property sits just 2 miles west of the University of Northern Colorado campus, further enhancing its appeal. Greeley's strong rent growth, sustained demand, and healthy population increase have made it a hotspot for multifamily investments and this trend is expected for years to come. According to CoStar projections, property values and rents are expected to rise significantly from 2025 through the end of the decade. This quadplex presents an excellent opportunity to acquire a high-quality asset in a promising market before competition and prices surge. Seller offering concession toward rate buy-down to enhance immediate cash flow opportunity. Contact listing agent for details. Watch supplemental property video.

Location

State CO

County Weld

Interior

Interior Features Eat-in Kitchen, Kitchen Island, Open Floorplan

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Disposal, Oven, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Balcony

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Story Split Entry (Bi-Level)

Sewer Public Sewer

Water Public

Level or Stories Split Entry (Bi-Level)

Structure Type Brick,Frame

Schools

Elementary Schools Meeker

Middle Schools Brentwood

High Schools Greeley West

School District Greeley 6

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Listed by LIV Sotheby's International Realty • [email protected],303-993-9371

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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Englewood, CO

Bob Engel

Bob Engel

2173 35th Avenue CT Greeley, CO 80634

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2173 35th Avenue CT