1602 11th Avenue, Greeley, CO 80631
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1602 11th Avenue,Greeley, CO 80631
$1,124,000
- 11 Beds
- 4 Baths
- 5,105 sq. ft.
- Multi-family
- Active
Listed by:william sheridanwilliam@sfinvest.com,720-900-5872
Office:sfinvest real estate
MLS#:5767539
Source:ML
Price summary
- Price:$1,124,000
- Price per sq. ft.:$220.18
About this home
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.
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Home facts
- Year built:1915
- Listing ID #:5767539
Rooms and interior
- Bedrooms:11
- Total bathrooms:4
- Living area:5,105 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1915
- Building area:5,105 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:Greeley Central
- Middle school:Heath
- Elementary school:Maplewood
Utilities
- Water:Public
- Sewer:Community Sewer
Finances and disclosures
- Price:$1,124,000
- Price per sq. ft.:$220.18
- Tax amount:$3,241 (2024)
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