1932 8th Ave, Greeley, CO, 80631

Opportunity is knocking at this property! Here is a great investment property to build your portfolio. Located within walking distance from UNC and Downtown Greeley this property is in the perfect location. There are 2 buildings on the property and 4 individual units, each have their own separate meters for gas and electricity. The first building was built in 1918 and is a 6 Bedroom 2 bath room house. The second building was built in 1995 and has 3 units and each of those units has 4 bedrooms and 3 bathrooms. The second building is fully leased and the first building is available for you to see. Currently the landlord is paying for the utilities in the second building but that is a great opportunity to have the tenants pay the utilities as each lease renews. Once you are able to get the tenants to take on all utilities, we expect the Cap Rate to bump up a full point to 6.05.