CO > Greeley > University District
Greeley, CO 80631,1602 11th Ave
Greeley, CO 80631,1602 11th Ave
Greeley, CO 80631,1602 11th Ave
Greeley, CO 80631,1602 11th Ave
Greeley, CO 80631,1602 11th Ave
Greeley, CO 80631,1602 11th Ave
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Miranda Cantin

Miranda Cantin

LPT Realty

+1(970) 405-3498
$ 1,124,000
Est. payment | /mo

11 Beds

4 Baths

5,105 SqFt

Save
$ 1,124,000
Est. payment | /mo
Save

11 Beds

4 Baths

5,105 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 5,105 sqft

Subdivision University District

MLS Listing ID 5767539

Bedrooms 11

HOA Y/N false

Abv Grd Liv Area 5,105

Year Built 1915

Annual Tax Amount $3,241

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Income Property

Source REcolorado

Property Description

This specialty property, a frat house, offers high income, the benefit of a single joint and several net lease with 11 co-signers. If you think such a property presents risk, think again. The joint and several lease provides much greater security than a comparable property like a 4-plex. The bottom line, the property offers unique security of the income stream compared to conventional housing products. The 3.625% loan is fully assumable with fixed interest through September 2027, and with interest rate stops to ensure that the interest will not spike with the increase. Give us a call for your personal tour of this great asset.

Location

State CO

County Weld

Area Greeley/Weld

Zoning R-H

Rooms

Basement Partially Finished

Interior

Heating Baseboard

Appliance Dishwasher, Washer, Dryer, Disposal

Exterior

Utilities Available Electricity Available, Cable Available

Roof Type Fiberglass

Porch Patio

Building

Lot Description Corner Lot

Story 2

Sewer Other Water/Sewer, Community

Water City Water, Other Water/Sewer

Level or Stories Two

Structure Type Wood/Frame,Brick/Brick Veneer,Concrete

New Construction false

Schools

Elementary Schools Maplewood

Middle Schools Heath

High Schools Greeley Central

School District Greeley 6

Others

Senior Community false

SqFt Source Assessor

Information and Real Estate Services (IRES)
Listed by William Sheridan • SFinvest Real Estate • william@sfinvest.com,720-900-5872