1824 13th Ave 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
Subdivision Cranfords 2Nd Add
MLS Listing ID 1028114
Bedrooms 10
Year Built 1927
Annual Tax Amount $4,648
Lot Size 0.320 Acres
Property Sub-Type Income Property
Property Description
We are pleased to present 1814 13th Ave, a six-unit apartment building in Greeley, Colorado. Constructed in 1927, the property has a diverse mix of one, two and three-bedroom units. The building features on-site storage, and income-producing garage and coin-operated laundry. The property is located on a large corner lot on a quiet residential street, within walking distance of the University of Northern Colorado. The units have been updated over time, and the property has a class four impact-resistant roof. Through targeted unit updates and renovations, investors can increase rental rates and capitalize on potential storage income to increase net operating income further. Additionally, The University of Northern Colorado's new College of Osteopathic Medicine will significantly benefit the city of Greeley. Establishing an even stronger medical presence in the city will continue to attract top-tier faculty and researchers, boosting Greeley's intellectual and economic vitality. The college will also create new jobs and stimulate local businesses. According to a recent economic impact study by Lightcast, it is projected to boost Colorado's economy by $1.4 billion over the next 20 years and generate $84 million in taxpayer benefits. Furthermore, the increased access to high-quality medical education and healthcare services will enhance the overall quality of life for Greeley residents, making 1824 13th Ave and its ideal location a promising investment opportunity now and for years to come.
Location
State CO
County Weld
Area Greeley/Weld
Zoning R
Rooms
Other Rooms Storage
Interior
Heating Forced Air
Laundry Common Area
Exterior
Utilities Available Natural Gas Available
Roof Type Other
Building
Lot Description Corner Lot
Story 2
Water City Water,City
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Jackson
Middle Schools Brentwood
High Schools Greeley Central
School District Greeley 6
Others
Special Listing Condition Private Owner