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Off market

Buy a multi-family propertyat 1108 8th Street, Greeley, CO 80631

$465,000

$0/mo

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Multifamily

3,095 Sq. Ft.

5,750 Sq. Ft. lot

313 Days on market

IR988063 MLS ID

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About 1108 8th Street multi-family property

Incredible historic conforming 4 plex in the heart of Greeley. Main house includes 3 unique units plus a 2 story carriage house on the rear of the lot. Amazing return on investment. Built in 1889 and fully renovated in 2012. Three units currently in long term leases. Additional units may be shown after contract execution. Property is sold as-is.
Incredible historic conforming 4 plex in the heart of Greeley. Main house includes 3 unique units plus a 2 story carriage house on the rear of the lot. Amazing return on investment. Built in 1889 and fully renovated in 2012. Three units currently in long term leases. Additional units may be shown after contract execution. Property is sold as-is.

Property details

Property Access

Road Frontage Type: "Public"

Road Surface Type: "Paved"

Basement

Basement Level Bedrooms: 0

Basement: "Unfinished"

House

Construction Materials: "Wood Frame"

Levels: "Two"

Occupant Type: Tenant

Total Area: 3095

Unit Count: 4

Year Built: 1889

Disclosures

Attribution Contact: 9706130700

Exclusions: Tenant's Personal Property

Expenses

Operating Expense: $8,615

Exterior Features

Patio And Porch Features: "Patio"

Fence

Fencing: "Partial"

Heating

Heating: "Forced Air"

Income

Gross Income: $5,025

Income Includes: "Rent Only"

Net Operating Income: $37,363

Projected Gross Operating Income: $45,978

Listing

Accepting Backup Offers: {value

Listing Contract Date: 2023-05-18

Listing Id: RECIR988063

Listing Terms: "Cash", "Conventional"

Mls Status: Pending

Off Market Date: 2023-05-23

Original List Price: $465,000

Price Change Timestamp: 2023-05-18 06

Purchase Contract Date: 2023-05-23

Standard Status: Active Under Contract

Status Change Timestamp: 2023-05-23 06

Location

City: Greeley

County Or Parish: Weld

Postal Code: 80631

Subdivision Name: Greeley City

Lot

Acres: 0.13

Parcel Number: R2811886

Square Feet: 5750

Owner Pays

Ownership: Individual

Property

Possible Use: "Multi-Family"

Property Sub Type: Quadplex

Zoning: C-H

Roof

Roof: "Composition"

Schools

High School: Northridge

Middle Or Junior School: Heath

Elementary School: Maplewood

High School District: Greeley 6

Elementary School District: Greeley 6

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: 4115

Legal Description: The East 1/2 of Lot 2 Block 54 City of Greeley, County of Weld,State of Colorado

Tax Year: 2023

Tenant Pays

Tenant Pays: "Electricity"

Utilities

Utilities: "Electricity Available", "Natural Gas Available"

Water Source: "Public"

Monthly cost

Estimated monthly cost

$2,866/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Dec 28, 2020

Price

$342,000

Date

Aug 29, 2016

Price

$342,000

Date

Feb 1, 2013

Price

$199,900

Date

Jan 31, 2012

Price

$45,000

Date

Mar 22, 2011

Price

-

Date

Nov 13, 2007

Price

-

Date

Dec 5, 2006

Price

$227,500

DatePrice
Dec 28, 2020$342,000
Aug 29, 2016$342,000
Feb 1, 2013$199,900
Jan 31, 2012$45,000
Mar 22, 2011-
Nov 13, 2007-
Dec 5, 2006$227,500

Schools

This home is within the Greeley-evans Weld County School District No. 6.

Greeley enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$437,100

+$13,950

$451,050

Seller agent commission$13,950 (3%)*

$0 (0%)

Buyer agent commission$13,950 (3%)*

$13,950 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with a Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:37 p.m.

Data updated: May 31, 2023 at 8:09 p.m.

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