615 18th St new Save Request In-Person Tour Request Virtual Tour
Greeley,CO 80631
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $185
Subdivision Arlington Heights
MLS Listing ID 6237054
Style Ranch
Bedrooms 5
HOA Y/N false
Abv Grd Liv Area 2,240
Year Built 1914
Annual Tax Amount $1,688
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Income Property
Source REcolorado
Property Description
Calling all Investors looking to add a Charming, Updated and Cash Flowing Asset to their portfolio! This is a TRUE 7.2% CAP RATE! This charming bungalow is currently situated as a Duplex with two lovely tenants (one has been there 3+ years and both want to stay). You can also turn the home back into a spacious SFR with MIL suite if preferred. Use as a college rental and rent per room for added income. Possibilities are endless with this adorable, well maintained property.
The upper unit has wonderful curb appeal with fresh paint, a new front door and inviting covered patio. Inside offers updated luxury vinal flooring, large living and dinning areas and generous windows bosting lots of natural light. This home also offers a large kitchen, three spacious bedrooms with vaulted ceilings, original wood trim and and updated full bathroom.
The lower unit enjoys a designated off-street parking spot right outside the private fenced yard with a wonderful mature maple tree. Step inside through a spacious laundry and storage room to two possible entrances. One invites you into a useful mudroom with updated bath, open concept kitchen and living room. The other entrance takes you right into a bedroom or home office. Both connect to the other bedroom and living area. Again, the possibilities are endless with this unit and property.
There are several updates that make owning this home a breeze: Newer AC!!! New paint, new siding, newer windows, LVP in both units, newer water heater (2018), all updated bathrooms and band new washer and dryer! The yard was recently zero scaped for ease of maintenance and lower water costs. This truly is an Investor's Dream Asset.
Location
State CO
County Weld
Area Greeley/Weld
Zoning RH
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Cooling Central Air
Laundry Common Area
Exterior
Exterior Feature Balcony
Garage Spaces 3.0
Fence Fenced
Roof Type Composition
Porch Patio
Building
Lot Description Gutters
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Vinyl Siding,Stucco
New Construction false
Schools
Elementary Schools Maplewood
Middle Schools Heath
High Schools Greeley Central
School District Greeley 6
Others
Senior Community false
SqFt Source Assessor