1412 7th Ave, Greeley, CO, 80631

Turnkey Multifamily Investment Opportunity in Greeley, CO. Introducing a fully leased, high-performing multifamily property in the heart of Greeley offering an impressive over 7% cap rate. This asset is ideal for investors seeking stable cash flow. There are two 1-bedroom apartments and three 2-bedroom apartments. Currently have 100% Occupancy with tenants on 12-month leases. Notice received for 1 unit moving out in the next month or so. Most units remodeled in 2024 down to the studs (featuring new windows, updated kitchens, bathrooms, appliances, flooring, paint, and fixtures), fresh exterior paint and recent landscaping, deck upgrades completed in 2024, & strong rental history with professional management in place. Shared laundry room for units 1-4, and unit 5 (built in 1990) has their own laundry room in unit. Tenants pay separately metered electricity. Landlord pays water/trash/common electric. Sewer line is newer and in good condition. There is additional plumbing in the backyard of the unit and potential opportunity add an additional garage structure with an ADU above- buyer/ buyers agent to verify due diligence/eligibility. Whether you're expanding your portfolio or entering the multifamily market, this turn-key property checks all the boxes for income-producing real estate in Northern Colorado. Don't miss this opportunity-schedule a tour or request the full financials today.