40.422256 -104.69761
1124 10th Street Greeley CO 80631 249156838 40.422256 -104.69761 60105 /listing/249156838-151082055/1124-10th-street-greeley-co-80631 False 0 485000.0 3510 105 100 6 5 2904470 False 1925 0.15 0.15

1124 10th Street

Greeley, CO 80631 MLS# 2904470

Active 08/29/19

249156838 False False 40.422256 -104.69761 60105 /listing/249156838-151082055/1124-10th-street-greeley-co-80631 False 0 485000.0 3510 105 6 5 2904470 False 64305984 0
$485,000
MLS# 2904470
Active 08/29/19
  1. Listed on 08/29/19
  • 6 Bedrooms Beds
  • 5 Bath Baths
  • 3,510 Square Feet Sq.Ft
  • 0.15 Acres
  • 1925 Year Built Yr. Built
1124 10th Street Greeley, CO 80631 MLS# 2904470
Active 08/29/19
249156838 40.422256 -104.69761 60105 /listing/249156838-151082055/1124-10th-street-greeley-co-80631 False 0 485000.0 3510 105 6 5 2904470 False
$485,000
  • 6 Bedrooms
  • 5 Bath
  • 3,510 Square Feet
  • 0.15 Acres
  • 1925 Year Built
  1. Listed on 08/29/19
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Description

This is a mixed use 4-plex that is zoned C-H, close to downtown and city buildings. A property management company occupies the main floor & currently manages the property. The commercial tenant is in 2nd-yr of a 5-yr lease w/scheduled rent increases. There are 2 studio apts. and a 2-bed, 2-bath apt. in the bsmt. Room for rent increases. A coin-op laundry for tenants use (2 sets). It has 7 parking spaces on site for tenant's use. New roof in 2018. Paint in Sept.

Courtesy Of MB BRAZELTON REALTY INC
Listing Information
  • Property Type: Income
  • Property Subtype: Income
  • Style: Multi-Story
  • Locale: City Center
  • Beds: 6
  • SqFt Finished: 3510
  • SqFt Above: 2340
  • SqFt Basement: 1170
  • PSF Above Grade: 207.26
  • PSF Finished: 138.18
  • PSF Total: 138.18
  • Lot Size Sq Ft: 6500.00
  • Total Acres: 0.15
  • PPA: 3233333.33
  • Construction: Frame
  • Construction Materials: Stucco, Wood Siding
  • Year Built: 1925
  • Additional Information: 1031 Exchange, Income History Available, Income Potential, Tenant Occupied
Interior Features
  • Flooring: Carpet, Vinyl/Linoleum, Wood
  • Interior Features: Interior Basement Entrance
  • Laundry Availability: Coin-operated
  • Kitchen Appliances: Cook Top, Dishwasher, Dryer, Refrigerator (Kitchen), Smoke Alarm, Washer
  • Fireplace: Wood
  • Exclusions: Mineral Rights, Tenants personal Property
  • Number Of Units Vacant: 0
Unit Info
  • 2 Bedroom
  • Average Rent: 895.00
  • Bathrooms: 1, 2
  • Dishwashers: 1
  • Fireplaces: 1
  • Number of Units: 1
  • Parking Per Unit: 2, 3
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 2 Bedroom
  • Studio
  • Average Rent: 550.00, 575.00
  • Bathrooms: 1
  • Dishwashers: 1
  • Number of Units: 1
  • Parking Per Unit: 1
  • Refrigerators: 1
  • Unit Type: Studio
  • Average Rent: 1066.00
Room Details
  • Basement Finished YN: Y
  • Basement Percent Finished: 90
  • Basement Size: Full
  • Basement Type: Garden Level
Parking/Garage
  • Parking Lot
  • Parking Spaces Number Of: 7
  • Parking Type: Parking Lot
  • Parking: Driveway-Concrete
  • Parking Total Searchable: 7
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 7
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0
  • Unit Features: Assigned Parking
Community/Neighborhood Information
  • Walk Score: 61
HOA
  • HOA YN: N
Financial Considerations
  • Owner Pays Utilities: Electricity, Gas, Water
  • Tenant Pays: Television
  • Utilities Metering: Common Gas
  • Annual Expense Proj: 9049
  • Annual Expenses: 12211
  • Annual Income: 250
  • Annual Income Proj: 41250
  • Annual Net Income Proj: 32201
  • Annual Water Expense: 1890
  • Cap Rate: 6.64
  • Electric Exp: 2530
  • Gross Income: 37032
  • Insurance Expense: 2891
  • Maintenance Exp: 3182
  • Net Operating Income: 24821
  • Potential Rental Income Annual: 40992
  • Real Estate Taxes: 1738
  • Tax Amount: 1738.00
  • Tax ID: R3035886
  • Tax Year: 2018
Utilities & Green Home Features
  • Cooling: Air Conditioning-Central, Air Conditioning-Individual
  • Heating: Floor Furnace
  • Heating Fuel: Gas
  • Utilities: Cable TV, Internet Access (Wired)
  • Water/Mineral Rights: Oil & Gas Rights, Seller Retains Mineral Rights
  • Electric Service: 110V
Exterior & Lot Features
  • Roof: Composition Shingles
  • Exterior Features: Front Porch, Sprinkler System
  • Is Incorporated: Y
  • Road Surface: Paved Road
  • Zoning: C-H
Schools Near 1124 10th Street Greeley, CO
District: Greeley 6
Schools: Maplewood, Heath, Greeley Central
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3835 W 10TH ST STE 200I

GREELEY, CO 80634
(970) 302-0480 (970) 351-0405
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