Great investment opportunity in Greeley, conveniently located near campus! This well-maintained two-unit property offers 0% vacancy. The property features two separate rental units, a shared laundry room, a detached 2-car garage, and a nice, large open lot that offers plenty of parking. NO HOA and no metro district. Currently, the… Read More owner pays all utilities and internet service for both units. Beginning with the next lease terms, utilities will be billed back to the tenants, creating an opportunity to further improve the property's operating income and reduce the owner's monthly expenses. With established tenants, strong occupancy, convenient campus proximity, and the potential to shift utility expenses to future tenants, this property offers a solid opportunity for an investor looking for a turnkey rental with additional upside.Buyer and Buyer's Agent to independently verify all information provided in this listing, including but not limited to square footage, measurements, zoning, taxes, rental amounts, lease terms and expiration dates, utility costs, property expenses, and other property information. Buyer and Buyer's Agent are responsible for conducting their own due diligence and verifying all information deemed important prior to entering into a contract or closing. Read Less
Construction Materials: Frame, Levels: Two, Occupant Type: Tenant, Total Area: 2284, Unit Count: 2, Unit Types: Array, Array, Built in 1937, 2 total units
Disclosures
Exclusions: Tenant and Sellers personal property
Expenses
Operating Expense: $7,773
Heating
Heating: Hot Water
Income
Gross Income: $2,600, Income Includes: Rent Only, Net Operating Income: $23,427, Projected Gross Operating Income: $31,200
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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