1015 18Th StGreeley, CO 80631

For Sale
$725,000

Six-unit complex, large lot, great potential.

Overview

Added:
Feb 3
Days on market:
37
This exceptional multi-family property located at 1015 E 18th Street, Greeley, CO, presents a compelling investment opportunity. The 3,867 square foot building sits on a sizable 0.82-acre lot, providing ample off-street parking for residents. The property comprises six individual kitchenette units and two double units, offering a diverse rental mix. A substantial main office area adds significant versatility, featuring a reception area, laundry facilities, four bedrooms, a full kitchen, and a bathroom. This presents a unique opportunity for live-in management or additional rental income. While several units have undergone recent updates, some cosmetic improvements offer potential for sweat equity and increased return on investment. The property's substantial size and layout provide flexibility for future renovations or expansion. A new roof is scheduled for installation in September, representing a significant cost saving for the new owner. This property is ideally suited for an investor seeking to expand their portfolio or a first-time buyer looking for a strong cash-flowing asset in a growing market. The large lot size also offers potential for future development or expansion, adding further value to this already attractive investment. Don't miss this chance to acquire a well-located, multi-unit property with significant upside potential.

Property Details for 1015 18Th St

Property type
Residential income properties, Multifamily properties
Square Feet
3,867 SF
Year Built
1952
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Greeley
County
Weld
State
Colorado
Latitude
40.41047
Longitude
-104.6629
1015 18Th St, Greeley, Colorado

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1015 18Th St
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