1218 8th Street, Greeley, CO 80631 (MLS # IR1039514)
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Fully Rented Downtown Greeley Tri-Plex = Great Investment Opportunity! SELLER IS OFFERING BUYER CONCESSIONS! The major items have been taken care of including TWO NEW FURNACES, THREE NEW WATER HEATERS, NEW ROOF AND GUTTERS IN 2024! Discover an excellent opportunity to own a versatile multi-unit property in the heart of downtown Greeley! Unit 1 (main floor level): 1 bed, 3/4 bath - currently rented for $1300/mo. Unit 2 (main floor level): 1 bed / 1 bath - freshly updated with new carpet and paint that is currently rented for $1050/mo. Unit 3 (upper level): 2 bed / 1 bath was also refreshed with new paint, carpet, new kitchen counter tops and flooring and is currently rented for $1300/mo. THIS IS AN 8.23 CAP RATE! Updated GFCIs throughout. 3 separate meters. In addition, there is a storage shed, and has a prime location near downtown shops and restaurants. Don't miss this chance to add a fantastic multi-unit investment to your portfolio! No pictures were taken of Unit 1.
| DAYS ON MARKET | 9 | LAST UPDATED | 7/18/2025 |
|---|---|---|---|
| TRACT | Greeley City | YEAR BUILT | 1892 |
| COUNTY | Weld | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Martinez |
|---|---|
| Jr. High School | Franklin |
| High School | Northridge |
| ADDITIONAL DETAILS | |
| APPLIANCES | Oven, Refrigerator |
|---|---|
| BASEMENT | Partial, Unfinished, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| HEAT | Forced Air |
| INTERIOR | Eat-in Kitchen |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Sprinklers In Front |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Greeley City |
| TAXES | 1730 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Christina Koder, RE/MAX Alliance-Greeley
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