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For Sale131 Days
$1,125,000

Restricted Address
Greeley, CO 80634

Income For Sale
8 Beds
8 + Half Baths
4,772 Sq. Ft.
0.33 Acre Lot
LIV Sotheby\'s International Realty

Description for Restricted Address, Greeley, CO 80634

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.

Property Details

Listing Details
For Sale
Income
Quadplex
None
For Sale
REC5748510
$1,125,000
07/03/2024
4,772 Sqft
2012
Contemporary
4,772 Sqft
Single Family
Seller's and Tenant's personal property
8
REC55044877
Garage/Parking
No
No
Interior Features
8
8
Dishwasher,Disposal,Refrigerator,Oven
Eat-in Kitchen,Kitchen Island,Open Floorplan
Smoke Detector(s)
Exterior Features
Patio
No
No
Balcony
Composition
Brick,Frame
WaterFront and WaterAccess
No
Land Info
0.33 Acre
Nw
R2475186
Monthly
Utilities
Forced Air
Central Air
Public Sewer
HOA Info
Monthly
2+ Common Walls
No
Rental Info
Monthly
Tax Info
GR AS-5 L5 ANDERSON SUB
$4,391
2023
Schools
Meeker
Greeley West
Brentwood
Listing Information
LIV Sotheby's International Realty
Joshua Jackson
RECLIV06
Recolorado
$1,125,000
09/24/2024 15:41:44
4,772 Sqft
Quadruplex
Public
Greeley 6
Greeley 6
Greeley 6

Price History

Source: MLS
DateEventPriceSource
2024-07-03 20:12:18For Sale$1,125,000MLS
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Courtesy of LIV Sotheby\'s International Realty
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