2400 10th Avenue, Greeley, CO, 80631

Property Details: • Type: Single Family Residence • Bedrooms: 10 • Bathrooms: 6 • Square Footage: 4,378 sq ft

Description: Income Property for sale near UNC. This property contains 3 units that are all attached. One unit is the original home. It contains 4 bedrooms and two bathrooms. This unit was completely remodeled including all utilities upgraded to current code and totally replaced. New ac/furnace and hot water heater, new windows, new siding, new roof, new cabinets, countertops, doors, etc. Units 2 & 3 are identical units with 3 bedrooms and 2 bathrooms. These two units are a two story addition connected to the original house. All units are NOT accessible to each other from the inside (all private entry). Units 2 & 3 are brand new including all HVAC equipment, utilities, appliances, etc. Sewer and water tap are brand new and service all three units. Maintenance/large expense items on this property are as deferred as it gets. Landscaping was totally re done as well including all new irrigation system with WiFi controllability. Cap rate at the listed price is over 7%! All units are currently leased. Tenants are responsible for all utilities besides water/sewer. Current rent/lease are as follows: Unit 1: $2700/MO currently month to month with minimum 60 day notice. Unit 2: $2100/MO with lease ending in July. Unit 3: $1900/MO with lease ending in March, 2027. All tenants pay electrical, gas, and trash. We pay water/sewer. Current yearly costs: Taxes: $3500 Insurance: $2900 Water/Sewer: $2400.

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