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$ 484,900
Est. payment | /mo
6,580 Sqft Lot
$ 484,900
Est. payment | /mo
6,580 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Cranfords 1St Add
MLS Listing ID IR1059901
Style Cottage
HOA Y/N No
Year Built 1912
Lot Size 6,580 Sqft
Acres 0.15
Property Sub-Type Triplex
Property Description
Not your typical Greeley triplex. New sewer line incoming, active rental income in place, UNC-area location - and motivated sellers $50K below last year's ask.This is part of an active rental portfolio - tenants are already in place, income is already flowing. The sellers aren't moving out; they're moving on. And before they do, they're doing the work that protects the next owner.Here's what's actually happening: a brand-new sewer line is part of the deal - already in progress and set to be completed. On a 1912 building, that's the kind of infrastructure upgrade that separates a clean acquisition from a due-diligence surprise. The basement unit is also getting fresh new flooring, landing move-in-ready and positioned for strong market rents.Unit mix: a 4-bed/1-bath, a 3-bed/1-bath with basement access, and a 1-bed/1-bath. All three currently tenanted at $2,110, $1,115, and $925 per month - $4,150 in total monthly gross rent. Tenants pay their own gas, electricity, water, and sewer.Built on a 6,580 sq ft lot in Greeley's R-H corridor with ten off-street parking spaces. Full basement, partially finished, with solid utility access. Forced-air heat. Frame construction that's been standing since 1912.Walking distance to the University of Northern Colorado - one of the most consistent rental demand drivers in Northern Colorado, year after year, regardless of what the broader market is doing. Bike score of 76. Greeley Central is 0.6 miles down the road.Priced at $515,000. That's $50,000 below the 2025 ask. Annual taxes: $2,728. Cash, conventional, and 1031 exchange all work. Sellers are motivated and not playing games.Building and maintaining a portfolio? This one checks the boxes.
Location
State CO
County Weld
Zoning R-H
Direction East
Rooms
Basement Full
Interior
Heating Forced Air
Appliance Disposal
Exterior
Utilities Available Electricity Available, Natural Gas Available
Waterfront Description Public
Roof Type Composition
Porch Deck
Private Pool No
Building
Lot Description Level
Faces East
Story Two
Sewer Public Sewer
Water Public
Architectural Style Cottage
Schools
School District Elementary: Greeley 6, High: Greeley 6
Others
Tax ID R3195486
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byeXp - Greeley