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616-622 18th ST Greeley, CO 80631
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Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $226
Subdivision Arlington Heights
MLS Listing ID IR1024883
Sold Date 07/22/25
Style Contemporary
HOA Y/N No
Year Built 1954
Annual Tax Amount $3,829
Tax Year 2023
Lot Size 4,250 Sqft
Acres 0.1
Property Sub-Type Quadruplex
Source recolorado
Property Description
Investment Ready Fourplex - Prime UNC Location. Discover a modernized, fully renovated four-unit building just one block from the University of Northern Colorado. Comprised of two lower-level garden units and two upstairs units, this property delivers excellent rental income with turnkey presentation. Each spacious ~810 sq ft unit features open-concept layouts, eat-in kitchens, stainless appliances, updated baths, and dedicated off-street parking. Situated in Arlington Heights (80631), the asset benefits from strong student and long-term tenancy, minimal vacancy, and a compelling almost 8% cap rate.
Location
State CO
County Weld
Zoning Multi-Res
Rooms
Basement None
Interior
Interior Features Eat-in Kitchen, Open Floorplan
Heating Forced Air
Fireplace N
Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Exterior
Fence Fenced, Partial
Utilities Available Natural Gas Available
View City
Roof Type Composition
Total Parking Spaces 4
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Other
Middle Schools Heath
High Schools Greeley Central
School District Greeley 6
Others
Ownership Agent Owner
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with eXp Realty LLC