1217 12th Street Greeley CO 80631 242030137 40.4202 -104.69905 60105 /listing/242030137-151082055/1217-12th-street-greeley-co-80631 False 0 650000.0 4836 105 100 10 5 8587377 False 1964 0.22 0.22

1217 12th Street

Greeley, CO 80631 MLS# 8587377

Active 06/10/19
242030137 False False 40.4202 -104.69905 60105 /listing/242030137-151082055/1217-12th-street-greeley-co-80631 False 0 650000.0 4836 105 10 5 8587377 False 45351237 0
$650,000
MLS# 8587377
Active 06/10/19
  • 10 Bedrooms Beds
  • 5 Bath Baths
  • 4,836 Square Feet Sq.Ft
  • 0.22 Acres
  • 1964 Year Built Yr. Built
1217 12th Street Greeley, CO 80631 MLS# 8587377
Active 06/10/19
242030137 40.4202 -104.69905 60105 /listing/242030137-151082055/1217-12th-street-greeley-co-80631 False 0 650000.0 4836 105 10 5 8587377 False
$650,000
  • 10 Bedrooms
  • 5 Bath
  • 4,836 Square Feet
  • 0.22 Acres
  • 1964 Year Built
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Description

Incredible 1964 2 bedroom, 1 bath 4-plex plus a 2 bed, 1 bath carriage house. This 5 unit investment property is a 6% cap rate in Colorado's Fastest Growing City (USA Today), Greeley, CO. This property is being sold as a portfolio with the 20 unit property immediately adjacent; 1213 12th Street (The Kensington). The owner will sell the properties to two different owners but both properties must sell.

Courtesy Of Berkadia Real Estate Advisors LLC
Listing Information
  • Property Type: Income
  • Property Subtype: Income
  • Style: Multi-Level
  • Building Style: Up/Down
  • Architecture: Bungalow
  • Locale: Greeley City
  • Beds: 10
  • SqFt Finished: 4836
  • SqFt Above: 2838
  • SqFt Basement: 1998
  • PSF Above Grade: 229.03
  • PSF Finished: 134.41
  • PSF Total: 134.41
  • Lot Size Sq Ft: 9500.00
  • Total Acres: 0.22
  • PPA: 2954545.45
  • Construction: Brick
  • Construction Materials: Brick
  • Year Built: 1964
  • Additional Information: 1031 Exchange
Interior Features
  • Exclusions: All tenants personal belongings
  • Number Of Storage Units: 1
  • Number Of Units Furnished: 0
  • Number Of Units Vacant: 0
Unit Info
  • 2 Bedroom
  • Average Rent: 1050.00, 925.00
  • Average SqFt: 9990.00
  • Bathrooms: 1, 4
  • Fireplaces: 1
  • Hookups: 1, 4
  • Number of Units: 1, 4
  • Parking Per Unit: 1, 3
  • Refrigerators: 1, 4
  • Storage Units: 1
  • Stoves: 1, 4
  • Unit Type: 2 Bedroom
Room Details
  • Basement Finished YN: Y
  • Basement Percent Finished: 100
  • Basement Size: Full
  • Basement Type: Garden Level
Parking/Garage
  • Off-Street
  • Parking Spaces Number Of: 4
  • Parking Type: Off-Street
  • Parking Total Searchable: 4
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 4
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0
  • Unit Features: Assigned Parking
Community/Neighborhood Information
  • Walk Score: 57
HOA
  • HOA YN: N
Financial Considerations
  • Owner Pays Utilities: Gas, Insurance, Lawn Service, Maintenance, Trash, Water
  • Utilities Metering: Separate Electric
  • Annual Expense Proj: 19174
  • Annual Expenses: 14084
  • Annual Income Proj: 66071
  • Annual Net Income Proj: 46897
  • Cap Rate: 6.00
  • Gross Income: 53274
  • Net Operating Income: 39190
  • Tax Amount: 3485.00
  • Tax ID: 096107102007
  • Tax Year: 2019
Exterior & Lot Features
  • Roof: Composition Shingles
  • Zoning: Residential High (RH)
Utilities & Green Home Features
  • Cooling: None
  • Heating: Baseboard
  • Heating Fuel: Gas
Schools Near 1217 12th Street Greeley, CO
District: Greeley 6
Schools:
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