1806 8th AVE Greeley, CO 80631

PRIME UNIVERSITY OF NORTHERN COLORADO MULTI FAMILY INCOME PROPERTY. CASH FLOW OPPORTUNITY - 5.7% Cap rate! Over 3,000 finished sqft and a total of 7 beds and 4 baths. Up-down style duplex with both units metered separately for electric and gas. Unit 1- 4 bed, 2 bath - rented for 1 year at $1,850 per month w/tenants paying gas and electric. Unit 2- 3 bed, 2 bath - rented month-to-month at $995 per month w/tenants paying gas and electric. Annual insurance premium is $1,392. Owner pays water and trash, averaging $221/month. Coin operated laundry on site for additional income. Situated only 40 feet from UNC campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center will appeal to a variety of potential tenants. Offering a sprinklered yard, spacious lot, alley access, and reserved off-street parking adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements.