611 18Th StGreeley, CO 80631

Property Details for 611 18Th St

Year built

1918

Property type

Residential income homes

Description

This exceptional investment opportunity presents two charming, recently renovated duplexes located at 603 & 611 18th Street, Greeley, CO 80631. The property, situated on separate but adjacent parcels in Weld County, offers a combined total of two units. Originally constructed in 1918, these properties underwent a complete renovation in 2022, ensuring modern amenities and updated features for optimal rental income. New roofs were installed in 2020, adding to the property's longevity and reducing future maintenance costs. Each unit benefits from a two-story layout, providing ample living space for tenants. The asking price for this portfolio is $1,248,000, representing a price per unit of $624,000. This presents a compelling opportunity for investors seeking a strong return in a desirable Greeley location. The property's prime location and recent renovations make it an attractive investment, offering both immediate income potential and long-term appreciation prospects. The individual parcels allow for flexibility in ownership and management strategies. This is a rare opportunity to acquire a well-maintained, high-yield multifamily property in a thriving Colorado market.

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4099

Longitude

-104.688

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