About 1938 7th Ave
Calling All INVESTORS and Smart HOUSE HACKERS who love a solid Cap Rate and Rent Ratio! Investors, check out the possibilities with High Density Zoning to add 4 units on the back of this 9500 sq ft. lot! House hackers, this could be the property for you; Live in one and rent out the other to cover significant part of the mortgage! Great duplex that cash flows with current rates! Located just a few blocks from UNC, Jackson Field, and newly redeveloped downtown. This property has strong rental history and is set up as 2 separate 2b/1ba units with shared laundry area, but potential as a single family residence as well. Large fenced yard with lots of possibilities. Main level is leased at $1400 through 5/31/2025 and basement unit tenant at $1300 through 6/30/24 (but would like to stay) Kitchens and baths in both units were remodeled in 2019 with new LVP Flooring and Paint in 2022. Siding needs a little love so please only submit an offer accordingly as sellers will make no improvements; priced accordingly. Please note there is no sign in the yard.
Features of 1938 7th Ave
| MLS® # | 3210443 |
|---|---|
| Price | $395,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,662 |
| Acres | 0.00 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Income Property |
| Status | Pending |
Community Information
| Address | 1938 7th Ave |
|---|---|
| Area | Greeley |
| Subdivision | Briggs |
| City | Greeley |
| County | Weld |
| State | CO |
| Zip Code | 80631 |
Amenities
| Utilities | Natural Gas Available, Electricity Available, Cable Available |
|---|---|
| # of Garages | 4 |
| Garages | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Room Air Conditioner |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Gutters |
|---|---|
| Roof | Composition |
| Construction | Wood/Frame, Wood Siding |
School Information
| District | Greeley 6 |
|---|---|
| Elementary | Maplewood |
| Middle | Heath |
| High | Greeley Central |
Additional Information
| Days on Market | 6 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Lisa Schoen |
|---|---|
| Office | Khaya Real Estate LLC |
| Contact Info | Lisa@KhayaRealEstate.com,303-931-0689 |