1825 7th Ave Various, Greeley CO 80631

$615,000

1825 7th Ave Various, Greeley, CO 80631

bedrooms

bathrooms

square feet

3,008

Acreage

0.22

Open Houses

year built

1910

Full Baths

Half Baths

Find out more

The Arlington Heights multi-unit house is conveniently located 1 block from the UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD,1 BTH, One 1 BD, 1 BTH non-conforming rear entry main floor unit, and One 2 BD, 1 BTH basement unit. Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall average rent of $750 per bedroom, detached parking garage leased for $75/month, and pet rent of $35/month. Financial Summary: 7.9% Annual all cash return (Cap rate), 9.5% Cash on Cash, and 11.4 Gross Rent Multiple. Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. Unit(s) include central air, ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. Unit(s) include 2 door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica and solid surface counters, and laminate wood flooring. Location Amenities: Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment.

Location
Subdivision	Arlington Heights
County	Weld
Elementary School	Maplewood
Middle School	Heath
High School	Greeley Central

Driving directions

Open houses

None scheduled.

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MLS number: 1021960

Listing agent: Wayne Lewis

Listing broker: Lc Real Estate Group, Llc (970) 402-6432

Copyright © 2025 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, January 25 2025 at 5:28 a.m. EST

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