CO > Grover > Beattys
Grover, CO 80729,211 Laramie Avenue Units 1-11
Grover, CO 80729,211 Laramie Avenue Units 1-11
Grover, CO 80729,211 Laramie Avenue Units 1-11
Grover, CO 80729,211 Laramie Avenue Units 1-11
Grover, CO 80729,211 Laramie Avenue Units 1-11
Grover, CO 80729,211 Laramie Avenue Units 1-11
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Home Smart

Home Smart

+1(303) 858-8100
$ 550,000
Est. payment | /mo

1 Bed

1 Bath

0.96 Acres Lot

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$ 550,000
Est. payment | /mo
Save Virtual Tour

1 Bed

1 Bath

0.96 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Beattys

MLS Listing ID 1003866

Style Ranch

Bedrooms 1

HOA Y/N false

Originating Board IRES MLS

Year Built 1982

Annual Tax Amount $1,170

Lot Size 0.960 Acres

Acres 0.96

Property Description

Investor's Dream Opportunity! This property features two dwellings: a 7-unit building and a 4-unit building, offering a combined impressive Gross Operating Income of $82,680 and a Net Operating Income of $55,895.98, resulting in a strong Cap Rate of 10.16%.With manageable operating expenses totaling $26,784.02, including property taxes of $1,170.38, building insurance around $12,000, and utilities at $13,613.64, this investment is designed for success. The property also boasts an attractive Gross Rent Multiplier of 6.65, ensuring excellent value.Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this listing provides everything you need. Don't miss out on this fantastic opportunity!

Location

State CO

County Weld

Area Greeley/Weld

Zoning RES APT

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Appliance Electric Range/Oven, Refrigerator, Washer, Dryer

Exterior

Utilities Available Electricity Available

Waterfront false

Roof Type Composition

Street Surface Dirt

Building

Lot Description Zero Lot Line

Faces West

Story 1

Sewer City Sewer

Water City Water, City of Grover

Level or Stories One

Structure Type Wood/Frame,Vinyl Siding

New Construction false

Schools

Elementary Schools Pawnee, Pawnee

Middle Schools Pawnee Jr-Sr

High Schools Pawnee Jr-Sr

School District Pawnee Re-12

Others

Senior Community false

Tax ID R8754500

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by RE/MAX Alliance-Greeley • 9703305000
agent-avatar

Making real estate fun, simple and stress-free!

+1(303) 858-8100

[email protected]

8300 East Maplewood Avenue, Suite 100, Village, CO, 80111

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211 Laramie Avenue Units 1-11