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1706 17th Avenue

Greeley CO 80631

1
2
3040 sq. ft.
8634 sq. ft.
Duplex
Currently for sale - view listing

Overview

Create or grow your investment portfolio with this solid all-brick duplex offering immediate income and excellent flexibility. Duplex-style investment opportunity with strong rental upside. All-brick duplex with two spacious units totaling approximately 3,040 sq. ft. Upper unit offers 3 bedrooms and 1 bath; lower unit offers 2 bedrooms and 1 bath. Both units are freshly painted, and the lower unit has newer cabinets, updated flooring, and is clean and ready for occupancy or lease-up. Property offers a shared attached 2-car garage, shared backyard, separate electric meters, and owner currently pays water, with gas split between units. Roof has hail-resistant shingles.Current rental analysis supports estimated market rents of approximately $1,475/month for the lower 2 bed/1 bath unit and approximately $1,825/month for the upper 3 bed/1 bath unit, for a projected total market rent of approximately $3,300/month. Seller/owner rents appear to be below current market potential, creating upside for an investor or owner-occupant. Buyer could live in one unit and rent the other, or lease both units as part of an investment portfolio. Buyer and buyer's agent to verify rental rates, expenses, lease terms, and all income projections to their satisfaction.

Features

1 bathroom
2 carspaces
2 garage spaces
3040 sq. ft. floor area
8634 sq. ft. lot size
Duplex

Property history for 1706 17th Avenue

2020
Sold
$350,000
28 Feb 2020 by Bruce Willard, of Austin & Austin Real Estate

Happy sellers in Greeley

93%
93% of sellers in Greeley reported that their sale price either exceeded or met their price expectations.

Greeley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Greeley over the last 12 months.

Local market activity for duplexes in Greeley

In the last 12 months, 10 duplexes similar to 1706 17th Avenue, have been sold.

This represents a 25% decrease in duplexes sales when compared to the previous 12 months.

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