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Bob Engel

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

$ 1,125,000

Est. payment -/mo

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Active

Address not disclosed Greeley, CO 80634

8 Beds

8 Baths

4,772 SqFt

UPDATED:

08/28/2024 09:33 PM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 4,772 sqft

Subdivision Anderson Sub Greeley

MLS Listing ID 5748510

Style Contemporary/Modern

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 4,772

Originating Board REcolorado

Year Built 2012

Annual Tax Amount $4,391

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

Area Greeley/Weld

Direction From Hwy 34, turn North onto 35th Ave, then West on W 22nd St, then North on 35th Ave Ct. Alternatively, plug 2173 35th Avenue Ct, Greeley, CO into modern navigation software.

Interior

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

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Disposal

Exterior

Exterior Feature Balcony

Garage Spaces 8.0

Waterfront false

Roof Type Composition

Porch Patio

Building

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Bi-Level

Structure Type Wood/Frame,Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Meeker

Middle Schools Brentwood

High Schools Greeley West

School District Greeley 6

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

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

Address not disclosed Greeley, CO 80634

Key Details

Location

Interior

Exterior

Building

Schools

Others

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