1825 7th Avenue Various

Arlington @ UNC is a multi-unit house conveniently located one block from UNC - easy access to the rest of Greeley. Updated most recently in 2024. Priced well below replacement cost, and is an excellent value for a historic infill property. 3 unit 2 story house with desirable unit mix including: One 3 BD, 1 BTH; One 1 BD 1 BTH non-conforming rear entry main floor unit; and One 2 BD, 1 BTH basement unit. Average rents of $1.41/sf and overall average rent of $708 per bedroom, detached parking garage asking rent of $100/month. 7.77% Annual all cash return and excellent 9.69 year return of purchase price to annual gross rents. Large 0.22 acre lot with mature landscaping, private fully fenced backyard, and separately rented detached two car garage. Unit(s) include central air and/or ceiling fans, walk-in closets, double pane windows, programmable thermostats, wood burning fireplace, and patio. Also include 2-door refrigerator, built-in microwave, dishwasher, electric range/oven, oak cabinets, HD Formica, solid surface counters, and laminate wood flooring. Walking distance to UNC, campus, soccer and baseball fields and mutes from Downtown Greeley restaurants, bars, and entertainment.

Listing Office: LC Real Estate Group, LLC