1116 17th Street Unit

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Sold Greeley, CO 80631 MLS# 4408133 Sold by Daniel Preshaw on 07/19/2019
$500,000
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Multi-Family Property Type
9 Bedroom
3 Bathroom
3 Garage
4860.00 Sq Ft
0.34 Acres
1926 Year Built

Overview

Incredible INVESTMENT! Vintage 1926 triplex within walking distance of University of Northern Colorado and North Colorado Medical Center. Each unit consists of 3-beds, 1-bath, and 1,620 sf. All units have been recently updated with fresh paint, modern lighting , appliances, and much more! Separate gas & electric meters for each unit, separate water tap for the irrigation system. Central A/C throughout, detached 3-car garage, .33 acre lot! All units are leased through Spring of 2020 ($4,085 gross monthly rents). Seller is a licensed agent in the State of Colorado. Watch the video tours below! Unit 1116: https://www.youtube.com/watch?v=554kOvORjI0&t=78s Unit 1118: https://www.youtube.com/watch?v=CFXgrpWp4N8&t=4s Unit 1120: https://www.youtube.com/watch?v=JuXSEej8f2Y

New Home Sales Hours

Courtesy Of GRACE MANAGEMENT & INVEST.
Source: REcolorado

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Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Daylight,Finished,Full
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 4,860
    • Living Area, Finished 4,860
    • Above grade, Finished 2,430
    • Basement, Finished 2,430
    • Basement, Unfinished 0
    • PSF Total $102.88
    • PSF Finished $102.88
    • PSF Above Grade $205.76
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer,Washer/Dryer
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Tenants' personal property, Clothes Washer & Clothes Dryer in Unit 1116.
    • Flooring Carpet,Laminate,Vinyl,Wood
    • Furnished
    • Interior Features Smoke Free
    • Laundry Availability In Unit
    • Security Features Smoke Detector(s)
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 3
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 9
    More Room Details

    Unit Information

    Summary

    • Number of Units 3
    • Number of Units Furnished
    • Number of Units Vacant 0
    • Unit Features Garage,Individual Basement
    Single Unit Details
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 1295.00
    • Average SqFt 1620.00
    • Dishwashers 1
    • Washers 0
    • Dryers 0
    • Hookups 1
    • Refrigerators 1
    • Stoves 1
    • Air Conditions 1
    • Fireplaces 0
    • Storage Units 0
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit 1
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 1295.00
    • Average SqFt 1620.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups 1
    • Refrigerators 1
    • Stoves 1
    • Air Conditions 1
    • Fireplaces 0
    • Storage Units 0
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit 1
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 1495.00
    • Average SqFt 1620.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups 1
    • Refrigerators 1
    • Stoves 1
    • Air Conditions 1
    • Fireplaces 0
    • Storage Units 0
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 1
    • Parking Per Unit 1

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location Exterior Access
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Triplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Bungalow
    • Construction Materials Brick,Concrete
    • Foundation Details Concrete Perimeter
    • Roof Composition,Rolled/Hot Mop
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing Full
    • Number of Docks
    • Number of Doors
    • Number of Storage Units 2
    • Other Equipment
    • Other Structures Shed(s)
    • Patio And Porch Features Covered,Front Porch
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.34
    • Lot Size Dimensions
    • Lot Size SqFt 14,640
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $1,470,588.24
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    • Type Shed(s)
    • SqFt
    • SqFt Finished
    • Number of Stories
    • Year Built
    • Number of Stalls
    • Number of Doors
    • Door Dimensions
    • Length
    • Width
    • Floor
    • Features
    • Description Utility Shed
    Road details
    • Access
    • Road Responsibility
    • Road Surface Alley Paved,Paved

    Parking/Garage

    Parking Space Summary

    Parking Features
    Garage,Asphalt,Driveway-Dirt

    • Total Parking Spaces 3
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Central Air
    • Green Energy Efficient
    • Heating Forced Air,Natural Gas
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed Long Term
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 7.70
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $8,618
    • Operating Expense Includes Insurance,Real Estate Tax
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Commission Information
    • Buyer Agency Compensation 2.80%
    • Transaction Broker Compensation
    • Compensation Offered
    • Dual Variable Compensation No
    • Commission Modified Decrease
    • Closing Comments 1% Commission decrease by Buyer's Agent.
    Income details
    • Actual Annual Net Income $40,402
    • Gross Income $49,020
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $49,020
    • Projected Annual Expense $8,618
    • Projected Annual Net Income $40,402
    • Projected Gross Income $49,020
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $2,953
    • Legal Description GR 3768 E81.5' L4 & L5 EXC W90' BLK4 2ND CRANFORD
    • Tax Exemptions
    • Tax ID R3182086
    • Tax Year 2019
    Other
    • Tenant Pays Cable TV,Electricity,Gas,Internet
    • Utilities Metering Separate Electric,Separate Gas
    • Utilities Paid By Tenant Direct Billing from Utility

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Cranford
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning R-L
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $525,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession Closing/DOD
    • Special Listing Conditions None Known
    • Year Built 1926

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    School Zone

    District: Greeley 6
    Schools: Maplewood Elementary School, Greeley Central High School, Heath Middle School

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