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1825 7th Ave Various, Unit Various, Greeley, CO, 80631

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
Multi

Location

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1825 7th Ave Various, Greeley$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1910
HeatingForced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #IR1021960
Lot Size0.22 Acres
StatusActive

About 1825 7th Ave Various

The Arlington Heights multi-unit house is conveniently located 1 block from the UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD,1 BTH, One 1 BD, 1 BTH non-conforming rear entry main floor unit, and One 2 BD, 1 BTH basement unit. Turnkey income property is 100% leased with average in-place rents of $1.50/SF and overall average rent of $750 per bedroom, detached parking garage separately leased for $150/month, and pet rent of $35/month. Financial Summary: 7.5% Annual all cash return (Cap rate) and excellent 12.0 year return of purchase price to annual gross rents (Gross Rent Multiple). Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. Unit(s) include central air, ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. Unit(s) include 2 door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica and solid surface counters, and laminate wood flooring. Location Amenities: Walking distance to UNC campus, soccer and baseball fields and minutes from Downtown Greeley restaurants, bars and entertainment.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: LC Real Estate Group, LLC
  • Office Phone: (303) 588-8808, (970) 667-7000
  • Listing Agent: Wayne Lewis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Walk-In Closet(s)

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: From I-25, Exit 257 (US 34 E) toward Greeley. After 6.8 mil, take the US-34 BUS exit, and continue on US-34 BUS E., turning right onto 7th Ave. Drive approx. 8 1/2 block. Property is between 17th and 18th St. on west side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
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Housing Market Comparison

See how this home compares to others in Greeley, CO.

Med. Sold Price

$420K

Med. Price/SqFt

$217

Avg. Days On Market

46

# of Sold Homes

71

1825 7th Ave Various vs Greeley

40 DAYS ON ROCKET

-6 Days

$650,000

+$230K More

KEY TAKEAWAY

This property is $230K more than the Median Sold Price in Greeley, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #IR1021960

Listing Office:

  • Office Name: LC Real Estate Group, LLC
  • Office Phone: (303) 588-8808, (970) 667-7000
  • Listing Agent: Wayne Lewis

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Equal Housing

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Greenwood Village, CO 80111 USA

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Last updated on: 12/18/2024, 10:12:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,312

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30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4486036
4
/10
  • Union Colony Elementary School

  • 1051 29th Street Rd

  • 1.36 miles

  • Public Charter Grades KG-5

school-card-donut-4486037
3
/10
  • Maplewood Elementary School

  • 1201 21st Ave

  • 1.39 miles

  • Public District Grades KG-5

school-card-donut-4486038
3
/10
  • Jackson Elementary School

  • 2002 25th St

  • 1.45 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,988. The most common annual income of people living in Greeley, CO is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Colorado›Weld County›Greeley›80631›1825 7th Ave Various

This home is located at 1825 7th Ave Various in Unit Various, Greeley, CO and zip code 80631. This home, which was built in 1910, sits on a 0.22 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $650,000.

In November 2024 more than 10 listings in Greeley, CO were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 32 were sold below. In November 2024 in Greeley, CO there were 0.7% more homes for sale than in October 2024. While the average time on the market in November 2024 was 46 days, the median list price was $420,000.

From Rocket Homes Real Estate and based on county public records data.

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