Incredible Wake Up Money Investment Property in a highly sought after rental location within walking distance to the of the UNC college campus.This spacious property features 7 bedrooms & 3 bathrooms, not one, but two full kitchens to accommodate all tenants & a large parking lot in the back with a detached garage. With an already secured year lease that just started in May & rental income of $3,150 per month ($450 per room) + $497 for utilities ($71 per tenant), this investment property promises exceptional cash flow potential that any savvy investor would appreciate. Highlights of the property include a prime location near the UNC baseball field & walking distance to campus, years of strong rental demand, cash flow positive & multiple tenancy options. Don't miss out on this incredibly priced investment opportunity! Additional Details: The property is leased through 5/14/24. Deposit per tenant is $521. Property is managed by Big Bear Properties. Buyer can continue or terminate the relationship with Big Bear Properties. If terminated, there is a buyout fee of $402.50 per remaining month thru 5/14/24.
Sold for $401,100
$401,100
1821 6th Ave, Greeley, CO 80631
7beds
3baths
2,930sqft
Multi Family
Built in 1904
-- sqft lot
$486,400 Zestimate®
$137/sqft
$1,267 Estimated rent
Home value
$486,400
$457,000 - $516,000
$1,267/mo
Zestimate® history
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$2,335/mo
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Zillow last checked:
Listing updated:
Listed by:
The Galbate Team 970-229-0700,
Group Harmony,
Todd Galbate 970-631-4038,
Group Harmony
Bought with:
Lauren Weiss, 100078791
Keller Williams Foothills Realty
Source: IRES as distributed by MLS GRID,MLS#: 988341
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: Partially Finished
Interior area
- Total structure area: 2,930
- Total interior livable area: 2,930 sqft
Property
Parking
- Total spaces: 7
- Details: 1 Space/Unit
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 9,500 Square Feet
Details
- Additional structures: Storage
- Parcel number: R3295886
- Zoning: Res
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Electric: Xcel
- Gas: Atmos
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Arlington Heights
HOA
- Has HOA: No
Location
- Region: Greeley
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $433,153
- Annual tax amount: $2,111
- Date on market: 5/23/2023
- Listing terms: Cash,Conventional
- Exclusions: Tenant's personal property. Property Management/Sellers personal property in garage.
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer, Trash Collection
- Income includes: Lease/Rents
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2023 | Sold | $401,100-9.9%$137/sqft |
Source:  IRES as distributed by MLS GRID #988341 Report a problem | ||
| 5/23/2023 | Listed for sale | $445,000+14.4%$152/sqft |
Source: IRES as distributed by MLS GRID #988341 Report a problem | ||
| 4/22/2008 | Sold | $389,000+305.2%$133/sqft |
Source: Public Record Report a problem | ||
| 9/17/2007 | Sold | $96,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,472 +8.1% | $26,510 -2.1% |
| 2025 | $2,286 +4.9% | $27,070 -11.7% |
| 2024 | $2,180 +3.3% | $30,650 -0.9% |
| 2023 | $2,111 -5.2% | $30,940 +27.8% |
| 2022 | $2,226 +22.1% | $24,210 -4.9% |
| 2021 | $1,824 | $25,460 +21.7% |
| 2020 | $1,824 -2% | $20,920 |
| 2019 | $1,860 +1.7% | $20,920 -6.9% |
| 2018 | $1,828 -1.7% | $22,460 |
| 2017 | $1,860 -0.5% | $22,460 +17% |
| 2016 | $1,870 +32.2% | $19,200 |
| 2015 | $1,415 +58.5% | $19,200 +62.4% |
| 2014 | $893 | $11,820 |
| 2013 | -- | $11,820 -2.5% |
| 2012 | -- | $12,120 |
| 2011 | -- | $12,120 -5.8% |
| 2010 | -- | $12,860 |
| 2009 | -- | $12,860 -10.7% |
| 2008 | -- | $14,400 |
| 2007 | -- | $14,400 +14.6% |
| 2006 | -- | $12,570 -11.8% |
| 2005 | -- | $14,250 +13.1% |
| 2004 | -- | $12,600 -0.9% |
| 2003 | -- | $12,720 -7.2% |
| 2002 | -- | $13,700 +25.5% |
| 2001 | -- | $10,920 |
Find assessor info on the county website
Neighborhood: 80631
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Nearby schools
GreatSchools rating
- 2/10Maplewood Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Heath Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Greeley Central High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Maplewood
- Middle: Heath
- High: Greeley Central
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$486,400
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Estimated market value
$486,400
- Colorado
- Weld County
- Greeley
- 80631
- 1821 6th Ave
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