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    OFF-MARKET
    Residential income homes

    611 18Th St, Greeley, CO 80631

    Built 1918
    Property ID
    US13-2391261
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two charming, recently renovated duplexes located at 603 & 611 18th Street, Greeley, CO 80631. The property, situated on separate but adjacent parcels in Weld County, offers a combined total of two units. Originally constructed in 1918, these properties underwent a complete renovation in 2022, ensuring modern amenities and updated features for optimal rental income. New roofs were installed in 2020, adding to the property's longevity and reducing future maintenance costs. Each unit benefits from a two-story layout, providing ample living space for tenants. The asking price for this portfolio is $1,248,000, representing a price per unit of $624,000. This presents a compelling opportunity for investors seeking a strong return in a desirable Greeley location. The property's prime location and recent renovations make it an attractive investment, offering both immediate income potential and long-term appreciation prospects. The individual parcels allow for flexibility in ownership and management strategies. This is a rare opportunity to acquire a well-maintained, high-yield multifamily property in a thriving Colorado market.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1918
    UPID US13-2391261
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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