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Breeyan Edwards

breeyan@firstcoloradorealty.com +1(970) 646-6555

$ 474,500

Est. payment | -/mo

1 Bath

3,040 SqFt

Save

$ 474,500

Est. payment | -/mo

Save

1 Bath

3,040 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,040 sqft

Subdivision Fairacres 1St Add

MLS Listing ID IRE1056928

Full Baths 1

HOA Y/N No

Year Built 1965

Annual Tax Amount $2,702

Tax Year 2025

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi Family

Source ires

Property Description

Create or grow your investment portfolio with this solid all-brick duplex offering immediate income and excellent flexibility. Duplex-style investment opportunity with strong rental upside. All-brick duplex with two spacious units totaling approximately 3,040 sq. ft. Upper unit offers 3 bedrooms and 1 bath; lower unit offers 2 bedrooms and 1 bath. Both units are freshly painted, and the lower unit has newer cabinets, updated flooring, and is clean and ready for occupancy or lease-up. Property offers a shared attached 2-car garage, shared backyard, separate electric meters, and owner currently pays water, with gas split between units. Roof has hail-resistant shingles.Current rental analysis supports estimated market rents of approximately $1,475/month for the lower 2 bed/1 bath unit and approximately $1,825/month for the upper 3 bed/1 bath unit, for a projected total market rent of approximately $3,300/month. Seller/owner rents appear to be below current market potential, creating upside for an investor or owner-occupant. Buyer could live in one unit and rent the other, or lease both units as part of an investment portfolio. Buyer and buyer's agent to verify rental rates, expenses, lease terms, and all income projections to their satisfaction.

Location

State CO

County Weld

Community Fairacres 1St Add

Area Greeley/Weld

Zoning R-H

Rooms

Basement Walk-Out Access

Interior

Interior Features Eat-in Kitchen

Heating Hot Water

Cooling Wall/Window Unit(s)

Fireplaces Type Masonry

Appliance Electric Range, Dishwasher, Refrigerator, Microwave

Exterior

Exterior Feature Sprinkler System

Parking Features Attached

Garage Spaces 2.0

Fence Partial

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Composition

Improvements No

Porch Deck

Garage Yes

Building

Lot Description Mineral Rights Excluded

Sewer Public Sewer

Water City

Level or Stories Bi-Level

Structure Type Brick

New Construction false

Schools

Elementary Schools Jackson

Middle Schools Heath

High Schools Greeley 6

School District Greeley 6

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Liz Montoya

NEARBY SCHOOL & BUSINESS

+1(970) 646-6555

breeyan@firstcoloradorealty.com

523 St Vrain Ln, Estes Park, CO, 80517, USA

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1706 17th Greeley, CO 80631