For sale
  • $1,124,000

    1602 11th Avenue, Greeley, CO 80631

    22beds
    8baths
    5,105sqft
    : 
    Duplex
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $220/sqft
    $-- HOA

    What's special

    High incomeJoint and several lease
    This specialty property, a frat house, offers high income, the benefit of a single joint and several net lease with 11 co-signers. If you think such a property presents risk, think again. The joint and several lease provides much greater security than a comparable property like a 4-plex. The bottom line, the property offers unique security of the income stream compared to conventional housing products. The 3.625% loan is fully assumable with fixed interest through September 2027, and with interest rate stops to ensure that the interest will not spike with the increase. Give us a call for your personal tour of this great asset.
    40 days
    on Zillow
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    286
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    13
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