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Discover a unique investment opportunity in Greeley, with two fully remodeled single-family homes on one lot, offering a blend of income potential and living flexibility. The front house, a cozy 2BD/1BA of 676 sqft, is currently rented for $1,395, with the potential to increase to $1,595, and includes a cellar for additional storage. The back house features 3BD/1BA and an attached 2-car garage, complemented by a private fenced yard, ready to generate $2,295 in rental income. Both homes have been thoughtfully updated and have separate electric and gas meters, ensuring convenience and efficiency. This property is an ideal choice for investors seeking strong rental income or homeowners looking for a residence with an income-producing unit. Situated in a desirable Greeley location known for its robust rental market, this offering is perfect for those looking to capitalize on the area's growth while enjoying the benefits of owning a dual-income property. Whether you're expanding your portfolio or searching for a home that helps pay for itself, this investment is poised to meet a variety of needs in the thriving Greeley community.
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DRIVE TIME TO BASE
High Residential Turnover
| GreatSchools | School Name | Distance |
|---|---|---|
|
MARTINEZ ELEMENTARY SCHOOL Public - Preschool to 5th Grade - Closest Elementry School |
0.3 Miles |
|
ADVENTIST CHRISTIAN SCHOOL Private - Kindergarten to 8th Grade - Closest Middle School |
0.5 Miles |
|
|
MAPLEWOOD ELEMENTARY SCHOOL Public - Kindergarten to 5th Grade |
0.6 Miles |
|
|
MADISON ELEMENTARY SCHOOL Public - Kindergarten to 5th Grade |
0.7 Miles |
|
|
GREELEY CENTRAL HIGH SCHOOL Public - 9th Grade to 12th Grade - Closest High School |
0.8 Miles |
|
|
HEATH MIDDLE SCHOOL Public - 6th Grade to 8th Grade |
1 Miles |
|
|
JEFFERSON HIGH SCHOOL Public - 9th Grade to 12th Grade |
1.3 Miles |
Property Summary: Located in the Hansons Subdivision subdivision, 1605 7th Street is a Single Family Residence home for sale in Greeley, CO 80631, listed at $599,000. Current listing information about 1605 7th Street indicates the property features, 5 beds, 2 baths, and has approximately 1,576 square feet of living space, with a lot size of 0.15 acres, and was originally constructed in 1921. The current price per square foot is $380. The average price per square foot for properties in 80631 is $287. The average list prices for similar properties for sale is $502,628. To schedule a private showing of MLS# 6907653 at 1605 7th Street in Hansons Subdivision, contact your Greeley real estate team at 719-338-7294.
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Listing information last updated on May 18th, 2024 at 10:33am MDT.
