3550 W 24th St Unit 2 and 3, Greeley, CO 80634

$1,450,000

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List Price
$1,450,000
Status
ACTIVE
MLS#
1071695
Year Built
2002
Unit
2 and 3
Region
Greeley/Weld
Subdivision
Bluejay Way

Property Description

Incredible multi-family investment opportunity featuring 2 separate four-plex buildings (8 total units) generating a strong 7.8% cap rate. Constructed in 2002, these highly rentable 2-bedroom apartments feature modern layouts complete with two bathrooms (one primary and one main bath). The seller is willing to sell the buildings individually. Each unit is individually metered, providing a highly efficient, low-overhead management structure for the owner. The hoa is $400 per building and covers the lawn care, snow removal, parking area, trash and common utilities. The property features an unbeatable central location with excellent walkability, sitting just minutes from shopping and dining at Westlake Village and CenterPlace of Greeley, and steps from outdoor recreation at Sanborn Park. Boasting swift commutes via the nearby Highway 34 corridor and dedicated off-street parking, this well-maintained asset ensures low vacancy and stable returns in a high-demand Northern Colorado rental market.

Additional Information

Taxes
$7,806
School District
Greeley 6
Elementary School
Meeker
Middle School
Mcauliffe
High School
Greeley West
Heating
Forced Air
Cooling
Central Air
Utilities
Natural Gas Available, Electricity Available, Cable Available, Separate Meters, Separate Meters, Satellite Internet Available, High Speed Internet Available
Tenant Pays
Deposit, Gas, Electricity, Water, Sewer
Zoning
0959144060

Listing courtesy of Al Detmer.

9703305000

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