1820 8th Ave Greeley, CO 80631

Listing details for 1820 8th Ave, Greeley, CO 80631 : Unlock the potential of your real estate portfolio with this strategically positioned duplex, a lucrative investment opportunity within a stone's throw of the vibrant heartbeat of the UNC campus. Situated in a coveted neighborhood known for its academic energy, this property is not just a home; it's a gateway to consistent rental income and long-term growth. CASH FLOW OPPORTUNITY - 6.6% Cap rate! NEW FURNACE AND WATER HEATER. $2,800/MONTH IN RENT. We're pleased to offer this up/down legal duplex located steps from the University of Northern Colorado in a RH Density zoning. Situated a minute's walk from campus grounds, near Union Colony and downtown Greeley, and within a short drive from North Colorado Medical Center, this income producing property will appeal to a variety of potential tenants with great marketability. Offering a sprinklered yard, spacious lot, and storage shed with alley access, adds to the attraction. This investment will provide the owner with cashflow as well as potential to value-add with improvements. Unit 1- rented for 1 year at $2,000 per month. Unit 2- rented for 1 year at $800. Annual insurance premium is $1,458. Whether you are a seasoned investor looking to diversify your portfolio or a newcomer seeking a solid entry point, this duplex near the university campus stands as a testament to the adage that real estate is about location, and this location is poised for success in the lucrative student housing market. Seize the opportunity to maximize your returns with this prime duplex investment property.