1525 11th Ave, Greeley (80631)
$650,000
7 
4
PROPERTY DETAILS
| Address: |
view address Greeley, CO 80631 Map Location |
Features: | Basement, Forced Air, Multi-level, New Construction |
|---|---|---|---|
| Bedrooms: | 7 | Bathrooms: | 4 |
| Lot Size: | 9583.0 | Year Built: | 1916 |
| Property Type: | Multi Family | Neighborhood: | Seaman & Cranfords Sub Of E2 B156&161 |
| County: | Weld | Zoning: | Res |
| List Date: | 2025-03-23 | Listing Number: | 1029227 |
| Listed By: | Ambassador Colorado | Listing Office: | 9704007077 |
PROPERTY DESCRIPTION
GREAT INVESTMENT OPPORTUNITY!! Multi-unit house that can offer up to 8 Bedrooms that is just 3 blocks from UNC Campus. The property was just recently updated in Jan 2025 with all new electrical, new carpet, new LVP, new paint, new coin operated washer and dryer, new house furnace, new additional heating system in Unit 4 and some various new windows. Other previous and somewhat recent improvements, include a newer roof with class 4 shingles and a Sewer line replaced in 2023. Unit 1 (3 BD/1BT), located on the main floor and has its own front entrance with a large private covered porch. Unit 2 (1BD/1BT) and Unit 3 (2BD/1BT) are basement units with a shared exterior entry for both units. Unit 4 (1BD/1BT could also be used as a 2BD) is on the second level and and has its own private exterior entrance. Additionally, there is a large oversized 2 car detached garage that can allow for additional income and is currently rented. Overall, there are 7 parking spaces, not including the garage or on-street parking. Tenants are charged a flat fee for utilities which is included in rent. Potential NOI will be about $55K with Gross Income of $70K, leaving a CAP RATE of about 8.3 and GRM 9.3Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment. Easy access to HWY34 and HWY85.
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Interior
Appliances
| Appliances: | Refrigerator, Disposal, Oven |
Features
| Window Features: | Window Coverings | Interior Features: | High Speed Internet |
Room Information
| Basement: | Yes | Basement features: | Partially Finished |
Cooling & Heating
| Heating features: | Forced Air | Heating: | Yes |
Exterior
Exterior and Lot
| Lot features: | Level | Construction Materials: | Wood Siding |
| Roof: | Composition |
Parking
| Parking features: | Alley Access |
Property Features
| Patio and Porch features: | Patio |
Property and Lot Details
Features
| Security Features: | Smoke Detector(s) |
Other
| Sewer: | Public Sewer |
Schools
| Elementary School: | Maplewood | Middle or Junior School: | Heath |
| High School: | Greeley Central |
Fee
| Annual Tax: | 2918 |
Building Information
| Year Built: | 1916 | Levels: | Two |
| Stories: | 2 |
Lot
| Lot Dimensions: | 9583.0 | Zoning: | Res |
Construction
| New Construction: | Yes |
Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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