40.423683 -104.69567
1020 9th Street Greeley CO 80631 260488008 40.423683 -104.69567 60105 /listing/260488008-151082055/1020-9th-street-greeley-co-80631 False 0 2867913.0 30437 101 606 3484077 False 1974 0.76 0.76

1020 9th Street

Greeley, CO 80631 MLS# 3484077

Pending 01/16/20

260488008 False False 40.423683 -104.69567 60105 /listing/260488008-151082055/1020-9th-street-greeley-co-80631 False 0 2867913.0 30437 101 3484077 False 47188041 0
$2,867,913
MLS# 3484077
Pending 01/16/20
  1. Listed on 01/16/20
  • 30,437 Square Feet Sq.Ft
  • 0.76 Acres
  • 1974 Year Built Yr. Built
1020 9th Street Greeley, CO 80631 MLS# 3484077
Pending 01/16/20
260488008 40.423683 -104.69567 60105 /listing/260488008-151082055/1020-9th-street-greeley-co-80631 False 0 2867913.0 30437 101 3484077 False
$2,867,913
  • 30,437 Square Feet
  • 0.76 Acres
  • 1974 Year Built
  1. Listed on 01/16/20
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Description

A most unique property. Includes 1020 9th St, 1014 19th St, 1018 & 1018 1/2 9th St. (1020 9th St is Eighteen-1-bed units, Six-2-bed units, Penthouse, approximately ten additional Commercial Offices, Unfinished Basement, Sprinkled), (1018 & 1018 1/2 9th St is Two Late 1800's 2-Story properties AS-IS), (1014 9th St is 9500 SF paved lot). LOOK at the POTENTIAL in this Income Property, metered separately for Electric & Gas and is charged back to the Tenants. Utilities projection includes repairs, and property management (8%),. Downtown Greeley is SCREAMING FOR A GROCERY STORE. Rental figures are projected only.

Courtesy Of PRO REALTY INC
Listing Information
  • Property Type: Commercial Sale
  • Property Subtype: Multi-Family
  • PSF Total: 94.22
  • Price Per Acre: 3773569.74
  • Year Built: 1974
  • Year Built Effective: 1974
  • Construction Materials: Block
  • Possession: Rental Agreement
  • Current Use: Multi-Family
  • Directions: 9th Street, South side of Street
Interior Features
  • Number of Units: 24
  • Occupant Type: Tenant (Multiple)
  • Unit Count: 2
Parking/Garage
  • Parking Total: 0
  • Total Offstreet Spaces: 0
Community/Neighborhood Information
  • Walk Score: 62
HOA
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Cap Rate: 7.20
  • Legal Description: GR 5047 W10' LT1 & ALL L12-13 BLK66
  • Operating Expense Includes: Maintenance, Professional Management, Real Estate Tax, Utilities
  • Projected Annual Expense: 83552.00
  • Projected Annual Net Income: 206578.00
  • Projected Gross Income: 290130.00
  • Tax Amount: 16842.00
  • Tax ID: R2823186
  • Tax Year: 2019
  • Water Included YN: Y
Exterior & Lot Features
  • Access: Public Road
  • Roof: Membrane
  • Road Surface: Paved
  • Road Responsibility: Public Maintained Road
Utilities & Green Home Features
  • Sewer: Public Sewer
  • Water Source: Public
Schools Near 1020 9th Street Greeley, CO
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1110 38TH AV

GREELEY, CO 80634
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