Address
1015 5th Street, Greeley, CO
Price
$ 430,000
Property Attributes
  • MLS#IR1003230
  • TypePending
  • CountyWELD
  • CityGreeley
  • NeighborhoodGreeley City
  • Zip80631
  • Style
  • Price$ 430,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2016
  • Lot Size0.22 Acres
Data Source:
REColorado (MTOMLS)
Property Description

PRICE DROP. Great investment opportunity for an income property. Walking distance to downtown dining and shopping, the recreation center, and civic center. This property has an extensive lot and alley access for potential permitted future developments. New owners could potentially build a ADU in the backyard, there is definitely plenty of space for it. Unit B (middle unit) was recently renovated with complete new subflooring, LVP flooring, new paint, and new light fixtures. It has 3 bedrooms and 1 bath. Unit A (upstairs unit) has 2 bedrooms and 1 bath. Recent updates were made to make the kitchen more spacious as well as new light fixtures. Both Unit A and B are currently being leased out. Unit C will be available. Unit C has also been recently renovated and has 2 bedrooms/1 bath. New fence was recently put up to close up the backyard lot.

Elementary School Middle School High School
Martinez Elementary School Heath Middle School Northridge High School
Price History
2/15/2024 Listed $485,000
3/29/2024 12% - $430,000

General Features

Sewer Public Sewer
Heating Forced Air
Utilities Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dryer,Microwave,Oven,Washer
Zoning RES
Construction Materials Stucco
Exclusions Seller's and tenant's personal property
Year Built 1905
Tenant Pays None
Levels Two
Property SubType Triplex
Tax Year 2022
Percent Ownership Individual
Gross Income 2200
County Weld
Net Operating Income 3300
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Greeley City
Possible Use Multi-Family,Residential
Status Pending
High School Northridge
City Greeley
Buyer Agent Compensation 2.80
High School District Greeley 6
NumberOfUnitsTotal 3
Lot Size Square Feet 9583
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Martinez
Middle/Junior High School Heath
Standard Status Pending
Occupancy Type Tenant
Elementary School District Greeley 6
Cap Rate 0.77
Buyer Agent Compensation Type %

Interior Features

Basement Full
Basement (Y/N) Yes

Exterior Features

Fencing Partial
Lot Features Level
Water Source Public
Building Area Total 2016
Lot Size Acres 0.22
Road Surface Type Paved
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 80631

Price
AVG $360K
$430K
Visits
AVG 151
346
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1905

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover