UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,834 sqft
Price per Sqft $286
Subdivision Gr Km24 L24 Kaufmann-Mc Pherson Sub Together With
MLS Listing ID 6495973
Style Contemporary
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 1,917
Year Built 2021
Annual Tax Amount $5,031
Tax Year 2025
Lot Size 0.324 Acres
Acres 0.32
Property Sub-Type Quadruplex
Source recolorado
Property Description
Fully stabilized, turnkey fourplex delivers immediate cash flow, strong in-place rents, and the peace of mind that comes with extensive recent renovations and professional management.
Extensively renovated in 2022, the building was rebuilt from the studs and features a new roof, updated mechanical systems, modern appliances, unit washer / dryer, new flooring, and numerous additional improvements. With these major capital improvements already completed, investors can enjoy strong in-place cash flow without anticipating significant near-term capital expenditures.
This well-maintained investment features separately metered utilities, with tenants paying their own gas and electric while owner expenses are limited primarily to water/sewer, property taxes, liability insurance, and routine maintenance. The property has benefited from attentive, hands-on professional management focused on proactive maintenance, responsive communication, and strong tenant relationships, contributing to its exceptional stability and consistent performance.
The property has experienced a quiet, stable year of ownership with minimal deferred maintenance and consistent operating performance. Current rents reflect actual stabilized income, providing investors with reliable cash flow from day one, while future rental growth remains subject to market conditions and buyer strategy. Professional property management is available for buyers seeking a seamless transition and continued operational stability.
Ideally located in west Greeley with convenient access to shopping, schools, parks, and major commuter routes, this property offers an excellent opportunity for both seasoned investors and owner-occupants seeking a well-performing residential income property.
Complete financial information, including the rent roll and operating expenses, is available to qualified buyers.
Location
State CO
County Weld
Zoning 0600
Interior
Interior Features Entrance Foyer, High Speed Internet, Open Floorplan, Quartz Counters, Walk-In Closet(s)
Heating Natural Gas
Cooling Central Air
Flooring Laminate
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven
Laundry In Unit, Main Level
Exterior
Exterior Feature Lighting, Private Yard, Rain Gutters
Parking Features Asphalt, Finished Garage
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
View City
Roof Type Shingle,Composition
Total Parking Spaces 8
Garage No
Building
Foundation Structural
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick,Frame
Schools
Elementary Schools Shawsheen
Middle Schools Franklin
High Schools Northridge
School District Greeley 6
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOL & BUSINESS
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Team Lead | License ID: FA100085834
Team Lead License ID: FA100085834