$1,100,000
EXCEPTIONAL INVESTMENT OPPORTUNITY
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.
8
Beds
⋅
8
Baths
⋅
6495973
MLS
⋅
ACTIVE
Status
3414 W 7th St W Unit 3414-1-4, Greeley
