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Key Details
Sold Price $401,100
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Arlington Heights
MLS Listing ID IR988341
Year Built 1904
Annual Tax Amount $2,111
Tax Year 2022
Lot Size 9,583 Sqft
Property Description
Incredible Wake Up Money Investment Property in a highly sought after rental location within walking distance to the of the UNC college campus.This spacious property features 7 bedrooms & 3 bathrooms, not one, but two full kitchens to accommodate all tenants & a large parking lot in the back with a detached garage. With an already secured year lease that just started in May & rental income of $3,150 per month ($450 per room) + $497 for utilities ($71 per tenant), this investment property promises exceptional cash flow potential that any savvy investor would appreciate. Highlights of the property include a prime location near the UNC baseball field & walking distance to campus, years of strong rental demand, cash flow positive & multiple tenancy options. Don't miss out on this incredibly priced investment opportunity! Additional Details: The property is leased through 5/14/24. Deposit per tenant is $521. Property is managed by Big Bear Properties. Buyer can continue or terminate the relationship with Big Bear Properties. If terminated, there is a buyout fee of $402.50 per remaining month thru 5/14/24.
Location
State CO
County Weld
Zoning Res
Interior
Heating Forced Air
Exterior
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Wood Frame
Schools
Elementary Schools Maplewood
Middle Schools Heath
High Schools Greeley Central
School District Greeley 6
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Foothills Realty
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor