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Key Details
Sold Price $401,100
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Arlington Heights
MLS Listing ID IR988341
Sold Date 08/07/23
HOA Y/N No
Originating Board recolorado
Year Built 1904
Annual Tax Amount $2,111
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Description
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.
Location
State CO
County Weld
Zoning Res
Interior
Heating Forced Air
Fireplace N
Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer
Exterior
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Total Parking Spaces 7
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Frame
Schools
Elementary Schools Maplewood
Middle Schools Heath
High Schools Greeley Central
School District Greeley 6
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Foothills Realty
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183